Individuals a and B Can Both Produce Good X

question 25

Multiple Choice

Individuals A and B can both produce good X.We say that A has a comparative advantage in the production of good X if

• A)A has a lower opportunity cost of producing X than B.
• B)A has a higher opportunity cost of producing X than B.
• C)A can produce more units of X in a given time period than B.
• D)A can produce X using newer technology than B.
• E)A can produce less units of X in a given time period than B.

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