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plumgoat29Lv1
11 Dec 2019
An economy is said to have a comparative advantage in the production of one good if it:
1. can produce more of all goods than another economy.
2. can produce less of all goods than another economy.
3. has the lowest opportunity cost for producing a particular good.
4. has the highest opportunity cost for producing a particular good.
An economy is said to have a comparative advantage in the production of one good if it:
1. can produce more of all goods than another economy.
2. can produce less of all goods than another economy.
3. has the lowest opportunity cost for producing a particular good.
4. has the highest opportunity cost for producing a particular good.
Sonal BahlLv10
5 Nov 2020