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.
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.
Answers
GPT 3.5
b. producing at a lower opportunity cost.
something is wrong
GPT 3.5
I apologize for the confusion. The correct answer is:
d. producing a good using the fewest inputs.
d. producing a good using the fewest inputs.