Ask a New Question

A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another country.

a. opportunity cost
b. production cost
c. absolute advantage
d. manufacturing advantage

Please select the best answers from the choices provided.

1 answer

a. opportunity cost

Ask a New Question or answer this question.

Similar Questions

Comparative advantage means the ability to produce a good or servicemore efficiently than another country. with a lower
1. 1 answer
Comparative Advantage is the ability to produce a good or service with the lowest opportunity cost* 1 point True False
1. 1 answer
What distinguishes comparative advantage from absolute advantage in production?(1 point) Responses A country has comparative
1. 1 answer
What distinguishes comparative advantage from absolute advantage in production?(1 point)Responses A country has comparative
1. 1 answer

more similar questions