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In responding to discrimination, are the causes among race, class, and gender discrimination similar enough that a program or policy could address all three, or should there be multiple programs directed at each type of discrimination?
Opportunity Cost
The forgone value of what you give up when you make a choice.
Total Output
The aggregate quantity of goods and services produced within an economy over a specific period, reflecting the economy's overall productivity.
Comparative Advantage
The ability of an entity to produce a good or offer a service at a lower opportunity cost than another.
Absolute Advantage
The ability of a country to produce a good at a lower cost than its trading partners.
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