Given Two Economic Systems,A and B,if Economy a Must Give

question 6

Multiple Choice

Given two economic systems,A and B,if economy A must give up less of all other goods to produce widgets than economy B,then

• A)economy A has an absolute advantage in the production of widgets.
• B)economy A has a comparative advantage in the production of widgets.
• C)economy A is less efficient in the production of some goods than economy B.
• D)economy A would not benefit from the specialization of production.

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