According to the Law of Comparative Advantage

question 2

Multiple Choice

According to the law of comparative advantage,

• A) each producer should strive toward self-sufficiency in order to maximize the total production of the economy.
• B) each product should be produced by the lowest opportunity cost producer in order to maximize output.
• C) one should never compare one's abilities with those of another.
• D) each product should be produced by the individual who can produce more of that product than any other individual.