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It takes Ross 6 hours to produce a bushel of corn and 2 hours to wash and polish a car. It takes Courtney 6 hours to produce a bushel of corn and 1 hour to wash and polish a car. Courtney and Ross cannot gain from specialization and trade, since it takes each of them 6 hours to produce 1 bushel of corn.
Rhombus
A four-sided shape where all sides have equal length, but unlike a square, the angles are not necessarily 90 degrees.
Jointly Exhaustive
A term describing a set of options or possibilities that covers all potential outcomes or conditions without overlap.
Mutually Exclusive
Two or more events that cannot happen at the same time; if one occurs, the other cannot.
Levels of Organization
The ranking of structures in a hierarchical fashion, from simplest to most complex, commonly used in fields like biology to categorize the structure of organisms.
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