What distinguishes comparative advantage from absolute advantage in production?(1 point)

Responses

A country has comparative advantage in production when it requires more total inputs than does another country to produce the same output.
A country has comparative advantage in production when it requires more total inputs than does another country to produce the same output.

A country has comparative advantage in production when it requires fewer total inputs than does another country to produce the same output.
A country has comparative advantage in production when it requires fewer total inputs than does another country to produce the same output.

A country has comparative advantage in production when its opportunity costs of producing a good are higher than another country's.
A country has comparative advantage in production when its opportunity costs of producing a good are higher than another country's.

A country has comparative advantage in production when its opportunity costs of producing a good are lower than another country's.

1 answer

A country has comparative advantage in production when its opportunity costs of producing a good are lower than another country's.
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