Someone Has a Comparative Advantage in Producing a Good Whenever

question 78

Multiple Choice

Someone has a comparative advantage in producing a good whenever

• A) one enjoys producing that good.
• B) one can produce more of the good than someone else using the same resources.
• C) one's opportunity cost is constant.
• D) one's opportunity cost of producing that good is lower than that of other producers.
• E) one has specific training in the production of that good.

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Definitions:

Conscious State

The state of being awake and aware of one's surroundings, thoughts, and experiences.

Dissociative Identity Disorder

A psychiatric disorder marked by the presence of two or more distinct personality states or identities in a single individual, along with gaps in the recall of events, personal information, or traumatic experiences.

Formerly Known

A term used to indicate that a subject or entity was previously recognized by a different name or designation.

Multiple Personality

An outdated term that refers to Dissociative Identity Disorder, characterized by the presence of two or more distinct personality states.