Examlex
Which of the following is NOT an economic good?
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than others.
Trade
Trade involves the exchange of goods or services between parties, which can be within a country or between countries.
Resources
Economic or productive factors required to accomplish an activity, or to provide a service or product, such as land, labor, and capital.
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen; the value of the next best alternative foregone.
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