Examlex
Each kilogram of hydrogen that fuses into helium releases about 6*1014 Joules of energy. How many tons of hydrogen are fused each second to power a massive main-sequence star with a luminosity of 100 L ? Note that 1 L = 4 * 1026 Joule/second and 1 ton = 103 kg.
Heckscher-Ohlin Theory
An economic theory that suggests countries export what they can most efficiently and abundantly produce, based on factors of production like land, labor, and capital.
Absolute Advantage
The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.
Comparative Advantage
The skill of an entity, whether a person, corporation, or country, to create a product or service with smaller opportunity costs than its competition.
Absolute Advantage
Absolute advantage is the ability of a country or entity to produce a good or service more efficiently than others, using fewer resources.
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