What Creates Comparative Advantage

question 65

Multiple Choice

What creates comparative advantage?

• A) lower costs
• B) higher opportunity costs
• C) specialization
• D) scarcity
• E) population growth

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Definitions:

First Day

Often refers to the initial time something starts or takes place, such as the first day of school, work, or any event marking a beginning.

Professor

An academic position at a college or university, engaged in teaching and often in research, and typically holding advanced degrees.

Anterograde Amnesia

A condition in which a person is unable to form new memories following a traumatic event.

Implicit Memories

Memories that are not consciously recalled but that influence behaviors and skills, such as procedural memory for tasks and conditions.