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According to the Law of Comparative Advantage

Question 2

Multiple Choice

According to the law of comparative advantage,


A) each producer should strive toward self-sufficiency in order to maximize the total production of the economy.
B) each product should be produced by the lowest opportunity cost producer in order to maximize output.
C) one should never compare one's abilities with those of another.
D) each product should be produced by the individual who can produce more of that product than any other individual.

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