Examlex
Regarding the unconscious, which of the following statements is FALSE?
Domestic Opportunity Costs
The cost of forgoing the next best alternative use of a country's domestic resources.
Capital-Intensive
A type of industry or business that requires large amounts of capital investment in comparison to labor to produce goods or services.
Labor-Intensive
A term describing industries or businesses that require a large amount of human labor relative to capital equipment to produce goods or services.
Comparative Advantage
The ability of a country, firm, or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient trade outcomes.
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