Comparative Advantage Refers To

Multiple Choice

Comparative advantage refers to:

A) the ability of an individual to specialize and produce a greater amount of some good than another individual.
B) the number of units of a good given up in order to acquire something.
C) the ability of an individual to produce a good at a lower opportunity cost than some other individual can.
D) the amount of labor a particular individual needs to produce a fixed amount of capital goods.
E) the ability of an individual to produce a good using fewer labor hours than other individuals.