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It Is Not Possible to Have a Comparative Advantage in Producing

question 136

True/False

It is not possible to have a comparative advantage in producing a good or service without having an absolute advantage.


Definitions:

Merchant

An individual or business engaged in the wholesale or retail sale of goods or commodities.

Floor Sander

A power tool used for smoothing, preparing, or finishing floors by removing the top layer.

Home Repair

The process of fixing, upgrading, or maintaining various elements or systems within a residence.

Lessor

A property owner who allows others to use his or her property in exchange for payment.

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