If a Person Has the Lowest Opportunity Cost of Producing

question 23

Multiple Choice

If a person has the lowest opportunity cost of producing a particular good,that person has a(n)

• A) comparative advantage.
• B) absolute advantage.
• C) comparative and absolute advantage.
• D) absolute advantage and a possible comparative advantage.
• E) relative advantagE.

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Definitions:

McNews

A term used derogatorily to describe the perceived superficial, homogenized, and sensationalized news content provided by some media outlets.

Hidden News

Information or news events that are not widely reported or are deliberately kept from public view.

Yellow Journalism

Journalism that presents little or no legitimate well-researched news and instead uses eye-catching headlines to sell more newspapers, often sensationalizing, exaggerating, or outright lying about events.