Examlex
Which of the following is a term that linguists use to describe the average sentence length?
Trade
The activity of buying, selling, or exchanging goods and services between people, firms, or countries.
Comparative Advantage
The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its trade partners.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.
Production Possibilities Frontier
A graphical representation showing the maximum quantity of two goods or services that an economy can produce when all resources are used efficiently.
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