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Please define jealousy and stalking.Explain the main differences and commonalities between them.
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to specialized production and trade.
Absolute Advantage
A situation in which a country, individual, or company can produce a good at a lower cost per unit than competitors.
Opportunity Cost
The price paid for not choosing the second-best option during decision-making.
Higher Opportunity Cost
The increased potential loss of choosing one option over another, indicating a sacrifice of higher value alternatives.
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