An Individual Has an Absolute Advantage in Producing Pizzas If

question 78

Multiple Choice

An individual has an absolute advantage in producing pizzas if that individual:

• A)has a lower opportunity cost of producing pizzas than anyone else.
• B)can produce more pizzas in a given amount of time than anyone else.
• C)has a higher opportunity cost of producing pizzas than anyone else.
• D)charges the lowest price for pizzas.

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Definitions:

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A European country known for its rich history, cultural heritage, and contributions to art, literature, and culinary traditions.