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urraberry urraberry
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A year ago
A producer is said to have an absolute advantage in the production of a good when the producer ________ compared to other producers.

▸ can produce more units of the good per hour

▸ has a lower opportunity cost

▸ can sell the good at a higher price

▸ has a higher opportunity cost
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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joshamjosham
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A year ago
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