Multiple Choice
Which of the following best describes the principle of comparative advantage?
A) Some people can produce the same good better than other producers can.
B) Someone has the ability to produce the same good using fewer inputs than another producer.
C) Someone has the ability to produce the same good for the lowest opportunity cost.
D) To produce more of one good, people have to produce less of another good.
Correct Answer:

Verified
Correct Answer:
Verified
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