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A Person Is Said to Have a Comparative Advantage If

Question 145

Multiple Choice

A person is said to have a comparative advantage if they:


A) can produce more of all goods than another person with the same amount of resources.
B) can produce fewer of all goods than another person.
C) have the highest opportunity cost of producing a particular good compared with another person.
D) have the lowest opportunity cost of producing a particular good compared with another person.

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