You Have an Absolute Advantage Whenever You

question 107

Multiple Choice

You have an absolute advantage whenever you

• A)are better educated than someone else.
• B)can produce more of something than others with the same resources.
• C)prefer to do one particular activity.
• D)can produce something at a lower opportunity cost than others.

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Definitions:

Trial And Error

A problem-solving method that involves attempting different solutions and eliminating those that do not work.

Morphemes

The smallest units of meaning in a language.

Grammar

In a language, a system of rules that enables us to communicate with and understand others. Semantics is the language’s set of rules for deriving meaning from sounds, and syntax is its set of rules for combining words into grammatically sensible sentences.

Linguistic Determinism

Whorf’s hypothesis that language determines the way we think.