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

Question

Quizplus · Accepted Answer

Comparative advantage occurs when a person can produce a good at a lower opportunity cost than others. It doesn't necessarily relate to having more human capital, higher productivity, or less desire to consume the good.

A Person Has a Comparative Advantage in Producing a Particular