Someone Has a Comparative Advantage in Producing a Good If

question 107

Multiple Choice

Someone has a comparative advantage in producing a good if she can produce that good

• A) in greater quantities.
• B) at a lower opportunity cost.
• C) using more capital and less labor.
• D) using more labor and less capital.

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Definitions:

Electroencephalograph

An instrument that measures and records the electrical activity of the brain.

Electrical Activity

Refers to the movement of electrical charges or currents, often used in the context of neuronal or brain activities.

Consciousness

The awareness of internal and external stimuli, including feelings, thoughts, and the environment.

Fluctuates

To change or vary irregularly in level, strength, or value.