Multiple Choice
When economists say that an individual or country has the comparative advantage in the production of a good, it means that they:
A) can produce more of the good than anyone else.
B) are the lowest-opportunity-cost producer of the good.
C) are the highest-opportunity-cost producer of the good.
D) are operating on their production possibilities frontier.
Correct Answer:

Verified
Correct Answer:
Verified
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