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Use the following to answer questions:
Figure: PPF Mexico & United States
-(Figure: PPF Mexico & United States) Use the above figure in which both Mexico and the United States each have 24 units of labor. Mexico has a comparative advantage in ______ and the United States has a comparative advantage in ______.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values from the mean.
ACT Type Score
A numerical measurement that represents a student's achievement on the ACT test, which is commonly used for college admissions in the United States.
Normal Curve
A bell-shaped curve that represents the distribution of many types of data where most occurrences take place around the average, and fewer instances occur as you move away from the center.
Standard Deviation
A measure of the dispersion or variability within a set of data points, indicating how much individual data points differ from the mean of the data set.
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