Examlex
Barbara does not do very well on IQ tests and does only mediocre work in school. However, she is quite flexible and adapts to new work environments creatively. Her flexibility allows her to respond quickly and accurately to new situations. Her intellectual strengths appear to be ________.
Technologies
Encompasses the collection of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation.
Comparative Advantage
The ability of an individual, company, or nation to produce a good or service at a lower opportunity cost than its competitors.
High-Opportunity Cost
Refers to the high value or benefit that is foregone from not choosing the next best alternative with available resources.
Low-Opportunity Cost
Describes a situation where choosing one option over another entails a minimal sacrifice of alternative opportunities or benefits.
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