Examlex
Repaying the oxygen debt requires replacing oxygen that was
Production Possibilities Frontiers
A curve depicting the maximum output combinations of two goods that can be produced given the resources and technology.
Opportunity Cost
The value of the best alternative that must be forgone when making a choice.
Chocolate Truffle
A type of chocolate confectionery, traditionally made with a chocolate ganache center coated in chocolate, cocoa powder, or chopped toasted nuts.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service more efficiently than its competitors with the same amount of resources.
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