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when firms do not produce the correct quantity to suit demand as they do not use the resources available to produce the optimal production.
those goods that are still undergoing manufacturing and are not yet ready to be sold to the...
the number of units of the currency of one country that gives the holder the same purchasing...
selling goods in a foreign country at a lower price than in the country of origin.
pollutants that accumulate over the years in water and on the land and cause serious problems....
the fraction or proportion of income that households spend on consumption