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Individuals a and B Can Both Produce Good X

Question 25

Multiple Choice

Individuals A and B can both produce good X.We say that A has a comparative advantage in the production of good X if


A) A has a lower opportunity cost of producing X than B.
B) A has a higher opportunity cost of producing X than B.
C) A can produce more units of X in a given time period than B.
D) A can produce X using newer technology than B.
E) A can produce less units of X in a given time period than B.

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