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Marketers use three different techniques to ferret out translation errors in marketing research questionnaires ahead of time. Which of the following is one of those techniques?
Economies
A system of production, distribution, and consumption of goods and services in an area or country.
Production Possibilities Curve
A graphical representation showing the maximum quantity of goods or services that can be produced with limited resources.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision or choice.
Comparative Advantage
The ability of a country or entity to produce goods or services at a lower opportunity cost than others, leading to more efficient international trade.
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