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    Microeconomics Study Set 2
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    Comparative Advantage Means the Ability to Produce a Good or Service
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Comparative Advantage Means the Ability to Produce a Good or Service

Question 103

Question 103

Multiple Choice

Comparative advantage means the ability to produce a good or service


A) at a lower selling price than any other producer.
B) at a lower opportunity cost than any other producer.
C) of a higher quality than any other producer.
D) at a higher profit level than any other producer.

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