A producer with a comparative advantage has the ability to produce a good or service at

A. a lower opportunity cost than any competitor can.

B. a faster rate than any competitor can.

C. a greater volume than any competitor can.

D. a lower cost than any competitor can.

Question

Social Studies

Haylie Ortega

5 February, 11:44

A producer with a comparative advantage has the ability to produce a good or service at

A. a lower opportunity cost than any competitor can.

B. a faster rate than any competitor can.

C. a greater volume than any competitor can.

D. a lower cost than any competitor can.

+1

Answers (2)

Know the Answer?

Webb · Answer 1

the correct answer is A ...

Aleah Koch · Answer 2

A producer with a comparative advantage has the ability to produce a good or service at "a lower opportunity cost than any competitor can". (A)

Comparative Advantage is the capacity of an individual or gathering to complete a specific monetary action, for example, making a particular item, more proficiently than another activity. The law or guideline of comparative advantage holds that under free commerce, an operator will deliver a greater amount of and consume a lesser degree of a good for which they have a comparative advantage.

A producer with a comparative advantage has the ability to produce a good or service atA. a lower opportunity cost than any competitor can.B. a faster rate than any competitor can.C. a greater volume than any competitor can.D. a lower cost than any competitor can.

A producer with a comparative advantage has the ability to produce a good or service at

A. a lower opportunity cost than any competitor can.

B. a faster rate than any competitor can.

C. a greater volume than any competitor can.

D. a lower cost than any competitor can.