What’s happening with UK Productivity?
Aiz Mza takes a look at the UK's 'productivity puzzle'
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Aiz Mza takes a look at the UK's 'productivity puzzle'
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What's the deal with opportunity cost
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Traditionally defined in economics as satisfaction, utility is a representation of consumer preference. When making any investment or purchasing decision, consumers will always try to maximize their own utility. Rational consumers will always want more, but are faced with budgetary constraints. Decisions then must be made with consideration of opportunity...
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