Use the Diagram Above to Answer the Following Questions

question 96

Multiple Choice

Use the diagram above to answer the following questions.
-Which letter indicates the iliac crest?

• A) A
• B) B
• C) C
• D) D
• E) E

---

Definitions:

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors, which enhances efficiency in international trade.

Production Possibilities

A curve or frontier representing the maximum combination of goods and services that can be produced efficiently with available resources and technology.

Specialize

To focus on a particular area of expertise or production, often to increase efficiency or performance in that area.

Comparative Advantage

The principle that holds a party can produce some goods at a lower relative cost than another, promoting beneficial trade.