When You Click in Each Cell in the Total Row,a(n)____

question 79

Multiple Choice

When you click in each cell in the Total row,a(n) ____ appears that you can click to open a list of the most commonly used functions.

• A)menu
• B)arrow
• C)button
• D)status bar

---

Definitions:

Comparative Advantage

The advantage conferred on an individual or country in producing a good or service if the opportunity cost of producing the good or service is lower for that individual or country than for other producers.

Absolute Advantage

The advantage conferred on an individual or country in an activity if the individual or country can do it better than others. A country with an absolute advantage can produce more output per worker than other countries.

Ricardian Advantage

A theory in economics that suggests countries should specialize in producing and exporting goods in which they have a relative productivity advantage.

Opportunity Cost

The sacrifice of gains that could have been obtained from alternative choices when one is selected.