Examlex
Explain how sound entering the ear produces action potentials in the auditory nerve.
Labor Force
Those 16 years of age and older who are either working or looking for work.
Opportunity Costs
The cost of foregone alternatives when a decision is made to pursue a particular course of action over others.
Production Possibilities Frontier
A curve depicting the maximum output combinations of two goods that can be produced given available resources and technology.
Opportunity Cost
The cost of what is foregone in order to pursue a certain action or decision.
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