Examlex
Food production spread from the Middle East to all of the following regions except
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than another entity.
Geegaws
Ornamental objects of no substantial value, often considered trinkets or gadgets.
Doodads
Informal term for small objects or gadgets, often of little value and used for decoration or trivial purposes.
Competitive Market
A market structure characterized by a large number of buyers and sellers, free entry and exit, and products that are close substitutes, leading to price determination by supply and demand.
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