The most efficient house cleaner is the person who has the lowest cost of cleaning houses.
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Q3: The cost of producing furniture is not
Q4: When silk is shipped from China to
Q5: By definition,someone who has an absolute advantage
Q6: A rise in absolute prices guarantees that
Q7: When absolute prices are measured in terms
Q9: When relative prices are measured in terms
Q10: To an economist,a cost is a forgone
Q11: If all absolute prices increase by 10%,then
Q12: Relative prices cannot fall when absolute prices
Q13: A farmer has a comparative advantage at
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