Multiple Choice
An economy that has the lowest cost for producing a particular good is said to have a(n) :
A) technological advantage.
B) comparative advantage.
C) convex news production possibilities curve.
D) all of the above are correct and
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q127: To be considered capital, a factor of
Q128: If Farmer Sam MacDonald can produce 200
Q129: An economy is said to have a
Q130: The factors of production are:<br>A) money, labor,
Q131: If the United States decides to allocate
Q133: Use the following to answer question(s): <br>Exhibit:
Q134: A source of economic growth is:<br>A) advances
Q135: Use the following to answer question(s): <br>Exhibit:
Q136: If an economy is operating on its
Q137: List the three factors of production and