A Country Is Said to Have a Comparative Advantage in the Production

question 79

Multiple Choice

A country is said to have a comparative advantage in the production of a good when it:

• A) has the lower opportunity cost of producing the good.
• B) can produce the good using fewer resources than another country.
• C) requires fewer labor hours to produce the good.
• D) all of the above.

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Definitions:

Gender Stereotypes

Preconceived and oversimplified beliefs about the characteristics, attributes, and behaviors of males or females, often resulting in discrimination or bias.

Spatial-Temporal Reasoning

The cognitive process involved in manipulating and reasoning about spatial and temporal information.

Temple Grandin

An American professor of animal science and autism spokesperson known for her work in animal behavior and autism advocacy.

Humane Means

Methods or approaches that are considered to be kind, compassionate, and respectful towards the welfare of humans or animals.