Decide Whether the Statement Is True or False

question 1

True/False

Decide whether the statement is true or false.
-A figure is said to be convex if, for any two points A and B inside the figure, the line segment AB is
at least partially outside the figure.

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Definitions:

Domestic Consumers

Individuals or households within a country that purchase goods and services for personal use.

Protected Industry

An industry that receives government support through measures like tariffs, quotas, and subsidies to shield it from foreign competition.

Productivity Growth

An increase in the efficiency of producing goods and services, typically leading to economic growth.

Resource Cost

The total cost of all inputs used in the production of goods or services, including raw materials, labor, and capital. It reflects the expenditure needed to create and bring a product or service to the market.