If Country a Has a Higher Opportunity Cost in Producing

question 196

Multiple Choice

If country A has a higher opportunity cost in producing good X than does country B,then we know that

• A)country B has an absolute advantage in the production of product X.
• B)country B has a comparative advantage in the production of product X.
• C)country A has an absolute advantage in the production of product X.
• D)country A has a comparative advantage in the production of product X.

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Definitions:

Latino

A term referring to individuals or communities with cultural or ancestral ties to Latin America, often used interchangeably with Hispanic in the United States.

American Families

The diverse family structures and dynamics found within the United States, influenced by cultural, socioeconomic, and historical factors.

Saturation

Point when all carrier molecules or enzymes are attached to substrate molecules and no more molecules can be transported or reacted.

Carrier Molecules

Proteins that facilitate the transport of substances across a cell membrane, either by passive or active transport.