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John Gets into Fights on a Regular Basis, Always with Formidable

question 30

Multiple Choice

John gets into fights on a regular basis, always with formidable opponents. He has often been injured in these fights and knows that he runs the risk of sustaining serious brain damage or other permanent injuries, yet he continues to fight. John is a very successful professional boxer. This example illustrates that bizarre behavior _________.

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Definitions:

Production Possibilities Curves

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can produce given its available resources and technology.

Comparative Advantage

The proficiency of either a person, a company, or a country in crafting a good or providing a service, which comes at a lesser opportunity cost than that offered by rival parties.

Domestic Demand

The total demand for goods and services within a country's borders.

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