Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

A comparative advantage is the ability of a country to produce a particular good or service at a lower
than another country.
a. opportunity cost
b. production cost
c. absolute advantage
d. manufacturing advantage
Please select the best answers from the choices provided.
OA
C
OD
0000

Sagot :

GinnyAnswer

Final answer:

Comparative advantage in economics refers to a country's ability to produce goods at a lower opportunity cost.


Explanation:

Comparative advantage is the ability of a country to produce a particular good at a lower opportunity cost than another country. It allows countries to specialize in what they can produce efficiently, leading to increased global production and trade.


Learn more about Comparative Advantage here:

https://brainly.com/question/32607605


Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.