Examlex
The Focus on Neuroscience box "Brain Reward When Making Eye Contact with Attractive People" describes an fMRI study in which participants were scanned while looking at photographs of faces. What were the results of the study?
Production Possibility Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), representing the trade-offs of choosing one good over another.
Gains From Trade
The benefits obtained by countries or individuals from engaging in international trade, allowing for specialization and more efficient production.
Fewer Resources
A decrease in the availability of inputs required for production or consumption, often leading to increased competition or prices.
Production Possibility Frontier
A graph that shows the highest possible mix of two goods that can be made with the existing resources and technology.
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