When a Country Requires fewer Resources to Produce a Product

question 125

Multiple Choice

When a country requires fewer resources to produce a product than other countries, it is said to have a(n) :

• A) absolute advantage in the production of the product.
• B) comparative advantage in the production of the product.
• C) higher opportunity cost of producing the product.
• D) lower opportunity cost of producing the product.

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Definitions:

Excitability

The capability of a cell to respond to a stimulus, characteristic of nerve and muscle cells.

Nervous System

The nervous system is the network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating bodily functions and responding to internal and external stimuli.

Stimulation

The action of applying a stimulus to a bodily part to produce a response, often used in a variety of contexts from physical to mental stimulation.

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure and decreases blood flow to certain parts of the body.