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the difference between the revenue received from the sale of output and the opportunity cost of the inputs used plus the explicit costs decreases in the unit cost of production associated with increasing output; the reward for entrepreneurs.
(also called cycle of poverty) a set of factors or events in which poverty continues for...
the way the GDP is produced in terms of the sector that produces it.
are large business organisations which produce and/or distribute goods and services in more than...
trade unification between different states by the partial or full abolishing of customs duties...
a place that is on the UNESCO list of sites of special cultural or physical significance.