Examlex
The correct multiplier for the prefix micro is:
Law of Comparative Advantage
An economic principle stating that countries or individuals gain when they produce goods and services for which they have lower opportunity costs relative to others.
Low Opportunity Cost
A situation where the cost of forgoing the next best alternative is relatively minimal.
Productive Activity
An action or process that leads to the creation of goods or services which have value and contribute to the economy.
Law of Comparative Advantage
The principle that countries gain by producing goods and services for which they have a lower opportunity cost compared to other countries.
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