Which Statement Is TRUE

question 216

Multiple Choice

Which statement is TRUE?

• A)Very talented people may have a comparative advantage in everything they do.
• B)Very untalented people have a comparative advantage in something they do.
• C)Very talented people may have a low opportunity cost in most things they do.
• D)Very untalented people may have a high opportunity cost in most things they do.

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Definitions:

Ethically

In a manner that follows accepted standards of moral behavior, often considered in the context of business practices.

Consequences

The results or effects that follow from specific actions or decisions.

Obligations

Duties or commitments that an individual or organization is bound to by law, contract, or moral responsibility.

Honesty

The quality of being truthful and transparent in actions, communications, and transactions.