In General, Individuals and Nations Should Specialize in Producing Goods

question 98

Multiple Choice

In general, individuals and nations should specialize in producing goods ________ other individuals or nations.

• A)that they can produce more quickly than
• B)that they can produce less quickly than
• C)for which they have a lower opportunity cost compared to
• D)for which they have a higher opportunity cost compared to

---

Definitions:

Operationalization

The procedure by which researchers establish criteria for assigning observations to variables.

Research Practice

The regular engagement in systematic investigation and study in any field of knowledge to establish facts or principles.

Observations

The action or process of closely monitoring or noting phenomena to gain information.

Variables

Elements, characteristics, or factors that can change and affect the outcome of a study or experiment.