What Term Refers to Physical and Observable Characteristics of Individuals,including

question 20

Multiple Choice

What term refers to physical and observable characteristics of individuals,including gender,ethnicity,and age?

• A) concrete characteristics
• B) demographic characteristics
• C) personality traits
• D) mental abilities

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Definitions:

Comparative Advantage

The ability of a country, individual, or company to produce a specific good or service at a lower opportunity cost than others.

World Price

The international market price of a good or service, determined through global supply and demand.

Canada

A country located in the northern part of North America, known for its vast landscapes, multiculturalism, and highly developed economy.

Production Possibilities

The different combinations of goods and services that can be produced from a fixed set of resources.