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timama [110]
3 years ago
12

Define the terms:

Business
1 answer:
navik [9.2K]3 years ago
5 0

Answer:

Scarcity: In short supply of

Choice: Making a decision

Opportunity Cost: The loss of one aspect of a decision with the benefit of another

Efficiency: Being efficient and accurate as well as reliable

Inefficiency: Not being effective and wasting resources or time

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