According to the Law of Comparative Advantage

question 36

Multiple Choice

According to the law of comparative advantage,

• A) individuals and nations gain when they specialize in producing those goods they consume.
• B) individuals and nations gain when they specialize in producing goods they can produce at a high opportunity cost and can exchange for other desired goods they can produce cheaply.
• C) individuals and nations gain when they specialize in producing those items for which they are the low opportunity cost producers and exchange for other desired goods they can't produce as cheaply.
• D) all of the above are true.

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Definitions:

Helping Behavior

Acts performed by an individual that are intended to benefit another individual or individuals, often at a cost or risk to the helper.

Cooperative Breeding

A reproductive system where more than two individuals contribute to the care of the offspring, enhancing survival rates in some species.

Polyandrous Species

Species in which females mate with multiple males within a single breeding season or mating period.

Monogamy

A mating system in which an individual has only one mate during a breeding season or for their entire life.