One Country Will Have a Comparative Advantage Over Another If

question 159

Multiple Choice

One country will have a comparative advantage over another if its production possibilities

• A)​frontier is higher.
• B)​curve has a different slope.
• C)​curve lies closer to the origin.
• D)​curve lies farther from the origin.

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Definitions:

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.

Prospective Guests

Individuals who are considered potential attendees or customers for an event or establishment.

Reservations

The act of holding something, such as a table, seat, or room, in advance; or doubts and concerns regarding a particular issue.

Continuous Random Variable

A variable that can take infinite values within a given range, representing quantities that can be measured on a continuous scale.