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A machine shop produces metal brackets on two different machines. Machine 1 can produce a bracket every 10 minutes. Machine 2 can produce a bracket every 4 minutes. What is the average productivity per machine?
Trade
The act of buying, selling, or exchanging goods and services between people or entities within or across borders.
Microchips
Compact devices made of semiconductor material, which include integrated circuits, used across a wide range of tech applications.
Tires
Rubber coverings placed around wheels to provide traction, support the vehicle's load, and absorb shocks from the road surface.
Absolute Advantage
A condition where a country, individual, or company can produce a good or service at a lower cost in terms of labor and resources than competitors.
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