What is the economic term for the basic condition that exists when unlimited wants are greater than the limited productive resources?

The value of the next best alternative is often called...

A decision is only considered rational if the marginal benefit is...

On a Production Possibilities Curve (PPC), a shift to the right represents:

Natural resources, human resources, physical capital, and entrepreneurship are:

Lottery, sharing, and first-come-first-serve... are all examples of...

Something that motivates a person to do something... is called:

Productivity is the ratio of:

When a country invests in human capital:

When countries use specialization:

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