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When a Producer Has an Absolute Advantage at Producing a Good,it

Question 16

Multiple Choice

When a producer has an absolute advantage at producing a good,it means the producer:


A) can produce more of that good than others with the same number of workers.
B) has the ability to produce a good or service at a lower opportunity cost than others.
C) has no reason to trade with others.
D) is less efficient than other producers.

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