People Will Choose to Specialize and Trade If

question 45

Multiple Choice

People will choose to specialize and trade if:

• A)they can acquire the goods they want at a lower cost than it will cost them to make the good themselves.
• B)they can acquire the goods they want at a higher cost than it will cost them to make the good themselves.
• C)they can acquire the goods they want from someone who is willing to trade with them.
• D)they can acquire the goods they want from a capitalistic system of exchange.

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Definitions:

Influence Thoughts

The ability to affect or alter someone's thinking patterns or beliefs through various means, including persuasion, information provision, or example.

Create Perceptions

The process of forming an understanding or interpretation of something through one's senses and cognitive functions.

Backchannel Talk

Vocal signals given by the listener to indicate interest, understanding, or agreement without interrupting the speaker.

Euphemisms

Mild or indirect words or expressions used in place of ones considered harsh or blunt when referring to something unpleasant or embarrassing.