Suppose that when NBC produces 1 new drama series in a season it gives up the chance to produce 3 new reality shows. This means that
A) NBC has a comparative advantage in producing new reality shows.
B) the opportunity cost of a new drama series is 1/3 of a new reality show.
C) NBC has a comparative advantage in producing new drama series.
D) the opportunity cost of a 1 new reality show is 1/3 of a new drama series.
Correct Answer:
Verified
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