A person has a comparative advantage in producing a particular good if that person
A)has higher productivity in producing it than anyone else has.
B)has less desire to consume that good than anyone else has.
C)can produce it at lower opportunity cost than anyone else can.
D)has more human capital related to that good than anyone else has.

Question

Quizplus · Accepted Answer

A person has a comparative advantage in producing a good if they can produce it at a lower opportunity cost compared to others, meaning they give up less of other goods to produce it.

A Person Has a Comparative Advantage in Producing a Particular