What Is Comparative Advantage Based On

question 169

Multiple Choice

What is comparative advantage based on?

• A) capital costs
• B) labour costs
• C) dollar price
• D) opportunity costs

---

Definitions:

Work Well

The effectiveness and efficiency with which tasks are completed or objectives are met, often in a team or workplace setting.

Fit In

The act of assimilating or adapting to a group or environment so as to be accepted or comfortable within it.

Unhappy People

Individuals experiencing a persistent state of sadness or dissatisfaction with their lives or circumstances.

Conflict Resolution

The process of resolving a dispute or disagreement between parties in a constructive and peaceful manner.