To Quit Word,tap or Click the Restore Button on the Right

question 36

True/False

To quit Word,tap or click the Restore button on the right side of the title bar.

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Definitions:

Opportunity Costs

The cost of an alternative that must be forgone in order to pursue a certain action, essentially what is sacrificed to choose one option over another.

Subsidies

Financial support provided by governments to individuals, organizations, or industries to encourage certain activities or reduce costs.

Comparative Advantage

The ability of an individual or country to produce a particular good or service at a lower opportunity cost than its competitors.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.