The ability to produce a product most efficiently, given all the other products that could be produced, is _____.

the law of comparative advantage

an export

a comparative advantage

an absolute advantage

1 answer

The ability to produce a product most efficiently, given all the other products that could be produced, is a comparative advantage.

Similar Questions
  1. What is absolute advantage?the ability to produce a product most efficiently given all the other products that could be produced
    1. answers icon 1 answer
    1. answers icon 2 answers
  2. Comparative advantage means the ability to produce a good or servicemore efficiently than another country. with a lower
    1. answers icon 1 answer
    1. answers icon 0 answers
more similar questions