Approximately What Percentage of Our Total Energy Output Is Attributable

question 60

Multiple Choice

Approximately what percentage of our total energy output is attributable to the thermic effect of food?

• A) 5 to 10 percent
• B) 5 to 20 percent
• C) 5 to 40 percent
• D) 5 to 60 percent

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Definitions:

Absolute Advantage

The capability of an individual, company, or country to produce a good or service at a lower cost per unit than competitors.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade and production.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others.

Opportunity Costs

The cost of forgoing the next best alternative when choosing among multiple options, measuring the trade-off involved in any decision.