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Which of the following describes the basic cry of an infant who is hungry?
Labor Skills
The abilities and expertise that workers possess, which can affect their productivity, efficiency, and the quality of work produced.
Capital
Financial assets or resources that individuals or businesses use to invest, produce, and create economic value.
Technology
The technological knowledge available in an economy at any given time. The level of technology determines the amount of output we can generate with our limited resources.
Law of Comparative Advantage
The principle that a country should specialize in producing and exporting goods in which it has the lowest opportunity cost compared to others.
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