The Producer That Requires a Smaller Quantity of Inputs to Produce

Multiple Choice

The producer that requires a smaller quantity of inputs to produce a certain amount of a good, relative to the quantities of inputs required by other producers to produce the same amount of that good,

A) has a low opportunity cost of producing that good, relative to the opportunity costs of other producers.
B) has a comparative advantage in the production of that good.
C) has an absolute advantage in the production of that good.
D) should be the only producer of that good.