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To Say That an Individual Possesses an Absolute Advantage in the Production

Question 133

Multiple Choice

To say that an individual possesses an absolute advantage in the production of software means that he


A) has a lower opportunity cost of producing software.
B) can produce more,and/or higher quality,software in a given amount of time.
C) was the first to create the software.
D) charges the lowest price for software.
E) has the most capital.

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