Examlex
Which of the following organisms would be most likely to contaminate a jar of pickles?
Opportunity Cost
The cost of foregone alternatives when a choice is made, represented by the benefits that could have been received by choosing the next best alternative.
Soybeans
Refers to a type of legume native to East Asia, widely grown for its edible bean which has numerous uses.
Comparative Advantage
The ability of a country or individual to produce a particular good or service at a lower opportunity cost than others.
Absolute Advantage
The capability of a country, individual, company, or region to produce a good or provide a service more efficiently than its competitors when using the same amount of resources.
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