Debra Has an Absolute Advantage in Producing a Good When

question 4

Multiple Choice

Debra has an absolute advantage in producing a good when she

• A)has a comparative advantage in producing that good.
• B)can produce the good at lower opportunity cost than anyone else.
• C)can produce more of that good than anyone else,using the same quantity of inputs.
• D)has exclusive rights to sell that good.
• E)has better technology than anyone else.

---

Definitions:

Specified Period

A set time frame or duration identified for a particular purpose, event, or agreement.

Chief Accounting Manager

A high-level executive responsible for overseeing a company's accounting activities and financial record-keeping.

Controller

A senior financial officer in an organization responsible for overseeing accounting and financial reporting.

Contingency Plan

A strategy or plan developed to take into account unforeseen events or emergencies to mitigate their potential impact on operations.