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Global can be simply used as a geographic term, according to the text.When it only describes the spatial dimension, which of the following elements of globalization is referred to?
A.Worldwide scope
B.Worldwide similarity
C.Worldwide integration
D.Worldwide convergence.
Slope
A measure of the steepness, incline, or gradient of a line, usually calculated as the ratio of the vertical change to the horizontal change between two points.
Isoquant
A curve that represents all the combinations of two inputs that produce the same level of output in the production process.
Indeterminate
A condition or situation that is uncertain or not clearly fixed, often characterized by a lack of clear direction or outcome.
Total Cost
The complete cost of production, including both fixed and variable costs, incurred by a business in producing a good or service.
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