Comparative advantage means the ability to produce a good or service

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8 years ago

Comparative advantage means the ability to produce a good or service

Comparative advantage means the ability to produce a good or service
A) at a lower selling price than any other producer.
B) at a lower opportunity cost than any other producer.
C) of a higher quality than any other producer.
D) at a higher profit level than any other producer.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Dropx

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8 years ago

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