Question

absolute advantage is
a. producing a good that requires imported components.
b. producing at a lower opportunity cost.
c.producing a good only when demand is high.
Producingt a good using the fewest inputs.

Answer 1

something is wrong

Answer 2

b. producing at a lower opportunity cost.

Answer 3

I apologize for the confusion. The correct answer is:

d. producing a good using the fewest inputs.