Multiple Choice
When one producer has a comparative advantage in production,he or she
A) can produce more output than someone else using the same quantity of resources.
B) can produce a good at a lower opportunity cost than someone else.
C) does not benefit from trade with other producers.
D) is unable to reach his or her production possibilities frontier (PPF) .
E) trades only with others who have the same comparative advantage.
Correct Answer:

Verified
Correct Answer:
Verified
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