Comparative Advantage Is Determined by

question 58

Multiple Choice

Comparative advantage is determined by

• A)the amount of resources needed to produce a good
• B)the money cost of producing any good
• C)the opportunity cost of producing any good
• D)absolute advantage and production possibilities combined
• E)the level of demand for a good

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Definitions:

Openness

One of the five major dimensions of personality, characterized by an appreciation for art, emotion, adventure, and unusual ideas; imaginative and curious individuals.

Agreeableness

A personality trait characterized by compassion, cooperativeness, and a desire to maintain positive social relations.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a strong sense of duty.

Unconscious Processes

Mental activities below the level of conscious awareness that influence thoughts, feelings, and behaviors.