Examlex
Intuitive thinking illustrates _____ thought, while thinking that is _____ proceeds from given information to new conclusions on the basis of explicit rules.
Production Possibility Frontier
A visual map outlying the highest possible production levels for two goods, considering a defined compilation of resources and other relevant factors.
Minimum Quantity
The smallest amount of a product that can be ordered or purchased at one time.
Gain From Trade
The advantage or improvement in outcome that countries or individuals achieve through the act of trading goods or services.
Productive
Refers to the effectiveness in producing a significant amount of output per unit of input.
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