The Law of Comparative Advantage States That the Person Who

question 39

Multiple Choice

The law of comparative advantage states that the person who should produce a good is the person who

• A)has the lowest opportunity cost of producing that good
• B)can produce that good using the fewest resources
• C)will produce that good using the most expensive resources
• D)has the most desire for that good
• E)has produced that good in the past

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Definitions:

Areola

A ring of darkened skin around the nipple of the breast.

Oocytes

Female reproductive cells, or eggs, which are produced in the ovaries and, when fertilized by sperm, can develop into an embryo.

Menopause

The period in a woman's life, typically occurring between ages 45 and 55, when menstrual cycles permanently cease.

Viable

Capable of working successfully or living independently, often used in the context of fetuses being able to survive outside the womb or ideas that can be practically implemented.