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4 weeks ago
Specialization and exchange result from differences in productivity that lead to:

▸ opportunity cost.

▸ self-sufficiency.

▸ comparative advantage.

▸ absolute advantage.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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4 weeks ago
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comparative advantage.
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wrote...
4 weeks ago
Thanks
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