Which of the Following Statements Is TRUE

question 122

Multiple Choice

Which of the following statements is TRUE?

• A)Some very talented people have a comparative advantage in everything they do.
• B)Some very untalented people have a comparative advantage in nothing they do.
• C)Some very talented people have a very low opportunity cost in everything they do.
• D)It is possible to have an absolute disadvantage but a comparative advantage in something.

---

Definitions:

Consumer Purchase Decision Process

The steps consumers go through, including need recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation, before buying a product or service.

Samsung Galaxy S10

A smartphone model developed by Samsung, launched as part of its Galaxy S series in 2019, known for its high-resolution camera and advanced features.

Customer Retention

The activities and actions companies and organizations take to reduce the number of customer defections and to maintain a loyal customer base.

Customer Satisfaction

An assessment of the degree to which a company's products or services exceed or fulfill the anticipations of the consumer.