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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: Comparative advantage means (Multiple Choice Question)
Post by: Tidy on Jun 20, 2015
Comparative advantage means
A) the ability to produce more of a product with the same amount of resources than any other producer.
B) the ability to produce a good or service at a lower opportunity cost than any other producer.
C) the ability to produce a good or service at a higher opportunity cost than any other producer.
D) compared to others you are better at producing a product.


Title: Re: Comparative advantage means (Multiple Choice Question)
Post by: Dropx on Aug 16, 2015
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Title: Re: Comparative advantage means (Multiple Choice Question)
Post by: Dropx on Aug 31, 2015
Thanks for updating the community. A lot posters don't realize how important feedback is!