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Critical Thinking Questions Case 9-2
Gracie is trying to decide between Windows or macOS for her new desktop computer. Since you have desktops that run both at home, she asks you for advice.
She asks you what types of program are Safari and Edge. You tell her that these are ______.
Economic Generalizations
Broad statements that apply to economic behavior or trends, often used to predict future economic outcomes.
Entrepreneur's Sole Function
The primary responsibility of an entrepreneur, often seen as identifying opportunities, allocating resources, and driving innovation and economic growth.
Marginal Analysis
An examination of the benefits and costs of one more unit of a product or activity to help make efficient allocation decisions.
Full Employment
This term refers to the condition where all available labor resources are being used in the most economically efficient way, with no involuntary unemployment.
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