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When Economists Say That an Individual or Country Has the Comparative

Question 77

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.

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