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When the Earth shakes,it releases energy in seismic waves,some of which pass through the whole body of the planet (body waves) and some of which propagate only near the surface (_______ waves) .
Economic Decisions
Choices made by individuals, firms, or governments regarding the allocation of resources to satisfy needs and wants.
Marginal Decision Maker
is an individual or entity that makes choices based on the additional cost or benefit of the next unit of consumption or production.
Comparative Advantage
The ability of an entity to produce a good or offer a service at a lower opportunity cost than others, leading to more efficient trade.
Opportunity Cost
The value of the next best alternative forgone as a result of making a decision to pursue a certain action.
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