When One Producer Has a Comparative Advantage in Production,she

question 29

Multiple Choice

When one producer has a comparative advantage in production,she:

• A) can produce more output than someone else using the same quantity of resources.
• B) can produce a good at a lower opportunity cost than someone else.
• C) does not benefit from trade with other producers.
• D) is unable to reach her production possibilities frontier (PPF).
• E) trades only with others who have the same comparative advantage.

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