Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A)Individuals who have never been the best at doing anything cannot have a comparative advantage in producing any product.
• B)Individuals who have never been the best at doing anything can still have a comparative advantage in producing some product.
• C)Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others.
• D)Individuals who have never been the best at doing anything must have an absolute advantage in at least ones task.

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Definitions:

Heart Failure

A chronic condition wherein the heart is unable to pump blood effectively, leading to symptoms like shortness of breath, fatigue, and fluid retention.

Incentive Spirometer

A medical device used to encourage deep breathing to prevent pneumonia and improve lung function by helping patients expand their lungs.

Responsive Corporate Social Responsibility

Responsive Corporate Social Responsibility refers to companies reacting to external social, environmental, or ethical demands, often to maintain reputation or comply with consumer expectations.

Strategic Corporate Social Responsibility

A business approach focusing on societal needs and expectations, integrating responsible practices into a company's operations and core strategy to benefit both society and the business.