Multiple Choice
If the best lawyer in town is also the best at operating a word processor,then according to the theory of comparative advantage,this person should
A) split her time evenly between being a lawyer and a word processor.
B) specialize in being a lawyer because its opportunity cost is lower.
C) should pursue the activity she enjoys more.
D) specialize in being a word processor because it is more capital-intensive.
Correct Answer:

Verified
Correct Answer:
Verified
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