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In a research study,ambulatory clinic nurses teach children with asthma how to monitor peak expiratory flow volumes and how to use metered-dose inhalers to determine whether asthma control scores improve.The researcher discovers inconsistencies in how these measures were taught and how well the children understood the concepts.This represents a lack of
Opportunity Cost
The abandonment of potential improvements from other possibilities once one choice is made.
Absolute Advantage
A country's ability to produce a good more efficiently than other countries, requiring fewer resources for the same output.
Autarky
National self-sufficiency; no economic interaction with foreigners.
Opportunity Cost
The value of the best alternative that is forgone in making any choice or decision.
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