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    Exam 2: The Power of Trade and Comparative
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    The Ability of One Producer to Produce One Good or Service
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The Ability of One Producer to Produce One Good or Service

Question 102

Question 102

Multiple Choice

The ability of one producer to produce one good or service using fewer inputs than another producer is:


A) comparative advantage.
B) absolute advantage.
C) opportunity cost.
D) competition.

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