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X Has a Comparative Advantage Over Y in Producing a Good

Question 56

Multiple Choice

X has a comparative advantage over Y in producing a good if


A) X can produce more of the good than Y can in a given time period.
B) X has to trade off more than Y does to produce the good.
C) X has a lower opportunity cost of producing the good than does Y.
D) X has a higher opportunity cost of producing the good than does Y.
E) Y can produce more of the good than X can in a given time period.

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