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A Person Can Benefit from Specialization and Trade by Obtaining

Question 102

Multiple Choice

A person can benefit from specialization and trade by obtaining a good at a price that is


A) lower than his or her opportunity cost of that good.
B) the same as his or her opportunity cost of that good.
C) higher than his or her opportunity cost of that good.
D) different than his or her opportunity cost of that good.

Correct Answer:

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