The goods individual producers specialize in are determined by absolute advantage.
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Q39: Choices are made based on
A)scarcity.
B)opportunity costs.
C)producers.
D)consumers.
E)supply.
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Q42: If an individual is able to produce
Q48: _ must exist in order for gains
Q52: In general, what is economics the study
Q58: A country trades with other countries because
A)it
Q59: It is impossible for two people to
Q60: Which of the following statements is true?
A)There
Q70: What is the relationship among economic interaction,
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