Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A)Individuals who have never been the best at doing anything cannot have a comparative advantage in producing any product.
• B)Individuals who have never been the best at doing anything can still have a comparative advantage in producing some product.
• C)Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others.
• D)Individuals who have never been the best at doing anything must have an absolute advantage in at least ones task.

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Definitions:

Outgroup Members

Individuals who are not considered part of a specific group or community, often viewed as "them" in contrast to an "us."

Outgroup Homogeneity Bias

The perception that members of an outgroup are more similar to each other than they actually are, often contrasting with the perceived diversity within an ingroup.

Racial Discrimination

Prejudice, attitudes, or differential treatment toward people based on their race or ethnicity.

English Football

A term referring to the sport of soccer as it is played, followed, and organized within England, encompassing various leagues and competitions.