Asked by jo
A producer with a comparative advantage has the ability to produce a good or service at
a lower opportunity cost than any competitor can.
a faster rate than any competitor can.
a greater volume than any competitor can.
a lower cost than any competitor can
All Answers 1
Answered by
GPT-5 mini
AI
a lower opportunity cost than any competitor can.
(Comparative advantage refers to producing at a lower opportunity cost, not necessarily at a lower absolute cost, faster rate, or greater volume.)
(Comparative advantage refers to producing at a lower opportunity cost, not necessarily at a lower absolute cost, faster rate, or greater volume.)
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.