Search results
Results from the WOW.Com Content Network
[1] Scarcity is the limited availability of a commodity, which may be in demand in the market or by the commons. Scarcity also includes an individual's lack of resources to buy commodities. [2] The opposite of scarcity is abundance. Scarcity plays a key role in economic theory, and it is essential for a "proper definition of economics itself". [3]
This method is used in, for example graded multiple banks of selectors. [ 1 ] In a modern circuit-switched network, switches can connect any inlet to any outlet; this is known as full availability.
Resource slack, in the business and management literature, is the level of availability of a resource. Resource slack can be considered as the opposite of resource scarcity or resource constraints. The availability of resources can therefore be defined in terms of resource slack versus constraints, as two ends of a continuum. [1]
Resource competition can vary from completely symmetric (all individuals receive the same amount of resources, irrespective of their size, known also as scramble competition) to perfectly size symmetric (all individuals exploit the same amount of resource per unit biomass) to absolutely size asymmetric (the largest individuals exploit all the available resource).
Limited resources may refer to: Non-renewable resources; Scarcity; Embedded systems, computing devices resource availability; Poverty This page was last edited on ...
The synonyms are grouped into synsets with short definitions and usage examples. It can thus be seen as a combination and extension of a dictionary and thesaurus . While it is accessible to human users via a web browser , [ 2 ] its primary use is in automatic text analysis and artificial intelligence applications.
Opportunity cost at a government level example. Another example of opportunity cost at government level is the effects of the Covid-19 pandemic. Governmental responses to the COVID-19 epidemic have resulted in considerable economic and social consequences, both implicit and apparent.
Synonym list in cuneiform on a clay tablet, Neo-Assyrian period [1] A synonym is a word, morpheme, or phrase that means precisely or nearly the same as another word, morpheme, or phrase in a given language. [2] For example, in the English language, the words begin, start, commence, and initiate are all synonyms of one another: they are ...