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DrFrederick Is Developing a New Test for Eating Disorders

question 28

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Dr.Frederick is developing a new test for eating disorders.She finds that people who score high on the test actually engage in more binge eating and other forms of abnormal eating behaviors than people who score low on the test.These results indicate that the test has ____.


Definitions:

Opportunity Cost

The lost benefit that could have been enjoyed if the chosen option had not been taken, implying the trade-off of forgoing the next best alternative.

Efficient Production Process

A method of production that uses the least amount of resources to achieve the maximum output.

Resources And Technology

The combination of natural resources, human resources, and technology that firms use to produce goods and services.

Opportunity Cost

The cost of an alternative that must be forgone in order to pursue a certain action; the benefits you could have received by taking an alternative action.

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