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  3. Study Set
    Foundations of Macroeconomics
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    Exam 3: The Economic Problem
  5. Question
    Relative to Al,Joe Has ________ If Joe Can Produce a Good
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Relative to Al,Joe Has ________ If Joe Can Produce a Good

Question 45

Question 45

Multiple Choice

Relative to Al,Joe has ________ if Joe can produce a good at a lower opportunity cost than Al.


A) a comparative advantage
B) more production efficiency
C) a comparative benefit
D) a marginal benefit
E) a free lunch

Correct Answer:

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