Examlex
Lynn believes that she and her son will enjoy better health later in life because she breastfed him as an infant. Which of the following is NOT related to having been breastfed as an infant?
Dollar Votes
The “votes” that consumers cast for the production of preferred products when they purchase those products rather than the alternatives that were also available.
Product Market
A marketplace where final goods or services are bought and sold by consumers, businesses, and the government.
Laissez-Faire Capitalism
A hypothetical economic system in which the government’s economic role is limited to protecting private property and establishing a legal environment appropriate to the operation of markets in which only mutually agreeable transactions take place between buyers and sellers; sometimes referred to as “pure capitalism.”
Specialization
The use of the resources of an individual, a firm, a region, or a nation to concentrate production on one or a small number of goods and services.
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