Examlex

Solved

Consider the Following Two American Adages, Which Seem to Contradict

question 63

Multiple Choice

Consider the following two American adages, which seem to contradict one another: "Birds of a feather flock together" and "opposites attract." The authors of the textbook would probably say that ____.


Definitions:

Factor Endowments

The quantity and quality of labor, land, and capital that a country possesses, influencing its economic productivity.

Labor

The application of human physical and intellectual labor in the manufacture and provision of goods and services.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that exist in nature and can be used for economic gain.

Opportunity Cost

The act of losing possible benefits from other routes when a single path is chosen.

Related Questions