A person has a comparative advantage in the production of a good when they can produce the product at a(n) ________ opportunity cost compared to another person.
a. higherb. increasing
c. lower
d. equal
ANS: C
A person has a comparative advantage in the production of a good when they can produce the product at a(n) ________ opportunity cost compared to another person.
b. increasing
c. lower
d. equal
ANS: C