If the Maximum Temperature on a Particular Day Is 30°F

question 81

Multiple Choice

If the maximum temperature on a particular day is 30°F and the minimum temperature is 21°F, then the daily temperature range is:

• A) 25.5°F
• B) 51°F
• C) 9°F
• D) the daily temperature range cannot be determined with the data provided.

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Definitions:

Productive Advantage

Occurs when a country, business, or individual produces a good or service at a lower opportunity cost than competitors, leading to more efficient production.

Comparative Advantage

The capacity of a person, business, or nation to create a product or offer a service with a lesser opportunity cost compared to its rivals.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Consumption

The use of goods and services by households or individuals.