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For Each Pair of Sentences, Select the Letter of the Sentence

question 96

Multiple Choice

For each pair of sentences, select the letter of the sentence with more concise language.


Definitions:

Factor Endowments

The quantity and quality of labor, land, and capital that a country possesses, influencing its economic productivity.

Labor

The application of human physical and intellectual labor in the manufacture and provision of goods and services.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that exist in nature and can be used for economic gain.

Opportunity Cost

The act of losing possible benefits from other routes when a single path is chosen.

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