When Each Individual Concentrates on Performing the Tasks and Producing

question 50

Multiple Choice

When each individual concentrates on performing the tasks and producing the goods for which she or he has the lowest opportunity cost,they are producing in accordance with the Principle of

• A) Increasing Opportunity Cost.
• B) Decreasing Opportunity Cost.
• C) Comparative Advantage.
• D) Scarcity.
• E) Low-Hanging Fruit.

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