Examlex
A child is tested by Alfred Binet.Her test results indicate that she has a mental age of five.What does this mean?
Opportunity Cost
The cost of forgone alternatives, or the benefits that could have been received by choosing the next best alternative.
Soybeans
A type of legume native to East Asia, widely grown for its edible bean which has numerous uses, including oil and feedstock.
Alfalfa
Alfalfa is a perennial flowering plant widely cultivated as fodder for cattle due to its high nutrient content.
Comparative Advantage
An economic principle that suggests a country, individual, or company is most efficient at producing a certain good or service compared to others, enabling trade benefits.
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