A Person Has a Comparative Advantage in an Activity If

question 273

Multiple Choice

A person has a comparative advantage in an activity if that person can

• A) perform the activity at a lower opportunity cost than anyone else.
• B) perform that activity at a higher opportunity cost than anyone else.
• C) produce fewer goods in a given amount of time than another person.
• D) produce more goods in a given amount of time than another person.

---

Definitions:

Artistic Traditions

Customs, practices, and conventions passed down through generations within cultures that influence and define the arts, including visual arts, music, dance, and literature.

Black Swan Records

An American record label known for being the first major African-American-owned record company.

Henry Pace

A pioneering African American music publisher and insurance executive, influential in the development of Black-owned businesses in the early 20th century.

King Vidor

An American film director and producer, known for his pioneering techniques and narratives in the early days of Hollywood.