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TABLE 2-7
The Stem-and-Leaf display below contains data on the number of months between the date a civil suit is filed and when the case is actually adjudicated for 50 cases heard in superior court.
-Referring to Table 2-7, if a frequency distribution with equal sized classes was made from this data, and the first class was "10 but less than 20," the cumulative percentage of the second class would be ________.
Comparative Advantage
The proficiency of an individual or collective in performing a certain economic function more efficiently than a different function.
Specialization
The process of focusing resources on the production of one or a few goods and services to increase efficiency.
Exchange
The process of exchanging one item for another, particularly one of similar type or value.
Production Possibilities
The various combinations of goods and services that can be produced within an economy given the available resources and technology.
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