Examlex
A survey of 1,200 subscribers to the Los Angeles Times revealed that 1,000 people subscribe to the daily morning edition and 500 subscribe to both the daily and the Sunday editions. How many subscribe to the Sunday edition? How many subscribe to the Sunday edition only?
__________ subscribes to the Sunday edition
__________ subscribes to the Sunday edition only
Imported
Products or services imported from another country for the purpose of selling them.
Exported
Offerings or goods conveyed from one country to another for the objective of transaction or sale.
Production Possibilities Frontier
A curve demonstrating the maximum feasible amount of two goods that can be produced with available resources and technology.
Bowed Out
A graphical representation showing increasing opportunity costs, indicating that resources are not perfectly adaptable for producing different goods.
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