The Law of Comparative Advantage Says That

question 149

Multiple Choice

The law of comparative advantage says that

• A)the individual with the lowest opportunity cost of producing a particular good should produce it
• B)comparative advantage exists only when one person has an absolute advantage in the production of two goods
• C)whoever has a comparative advantage in producing a good also has an absolute advantage in producing that good
• D)whoever has an absolute advantage in producing a good also has a comparative advantage in producing that good
• E)gains from trade are possible only when one person has the comparative advantage in producing both goods

---

Definitions:

Unfamiliar Order

A sequence or arrangement that is not well known or recognized by individuals.

Gardner And Gardner

Researchers known for their pioneering work in teaching American Sign Language (ASL) to a chimpanzee named Washoe, contributing significantly to the study of animal language acquisition.

Communicate

The process of exchanging information or expressing ideas and feelings through verbal or nonverbal means.

Sign Language

A language that uses visual-manual modality to convey meaning, allowing deaf and hard of hearing individuals to communicate.