When a Person Possesses a Comparative Advantage in the Production

question 152

Multiple Choice

When a person possesses a comparative advantage in the production of one good or service,it:

• A) means that the person's opportunity cost is higher than for that of other goods.
• B) discourages specialization.
• C) promotes greater self-sufficiency.
• D) permits gains from trade to be realized due to a more efficient use of resources.

---

Definitions:

Biological Consequences

Outcomes or effects on living organisms resulting from changes or processes in their environment or biology.

Epidemiology

The study of the distribution, determinants, and deterrents of health and disease conditions in defined populations.

Population

The total number of individuals inhabiting a specific area or the total count of a particular species.

Disease

A medical condition with specific symptoms and signs, often caused by infections, genetics, or environmental factors, that affects normal body functions.