If a Producer Has a Comparative Advantage, Then She Has

question 221

Multiple Choice

If a producer has a comparative advantage, then she has selected the activity that

• A) has the lowest resource cost.
• B) is outside of the production possibilities frontier.
• C) has the lowest opportunity cost.
• D) does not require specialization.

---

Definitions:

Numeric Coordinates

A set of numbers that designate the position of a point or object within a spatial system.

Very Direct

Pertains to a straightforward and unambiguous manner of communication or action, where intentions or messages are conveyed clearly without evasion or subtlety.

Checks Your Work

A practice of reviewing or verifying the accuracy and completeness of one's own or others' work, often to ensure quality standards are met.

Behavioral Approach

A method focusing on external actions and behaviors rather than internal processes, emphasizing the role of learning in behavior.