A Person Has a Comparative Advantage in Producing a Particular

question 405

Multiple Choice

A person has a comparative advantage in producing a particular good if that person

• A) has higher productivity in producing it than anyone else has.
• B) can produce it at lower opportunity cost than anyone else can.
• C) has less desire to consume that good than anyone else has.
• D) has more human capital related to that good than anyone else has.

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Definitions:

Antidepressant Drug

A type of medication designed to alleviate symptoms of depression by adjusting the chemical balances in the brain.

Bipolar Disorder

A disorder associated with episodes of mood swings ranging from depressive lows to manic highs.

Lithium

A chemical element used primarily in psychiatric medication to treat mood disorders such as bipolar disorder.

Benzodiazepines

Benzodiazepines are a class of psychoactive drugs used primarily for treating anxiety, insomnia, and certain types of seizures, characterized by their tranquilizing effects.