Examlex
After joining two pieces of picture frame molding together, a frame maker checks her work by making a diagonal measurement (see the illustration). If the sides of the frame that form a right angle are a = 12 in. and b = 16 in., what measurement should the frame maker read on the yardstick? __________ in.
Imports Cheese
The act of bringing cheese into one's country from another to sell.
Production Possibilities
A graphical representation that shows the maximum number of goods or services that can be produced with a given set of resources and technology.
Law Of Comparative Advantage
An economic principle that states countries should specialize in producing goods for which they have a lower opportunity cost of production relative to other countries, leading to increased economic efficiency and trade benefits.
Gain From Trade
The benefits that entities receive from exchanging goods, services, or resources with others, often leading to an increase in overall welfare.
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