A person has a comparative advantage in an activity whenever he or she
A) can perform the activity at a lower opportunity cost than anyone else.
B) can do everything better than anyone else.
C) can do the activity in less time than anyone else.
D) has an absolute advantage in the activity.

Question

Quizplus · Accepted Answer

Comparative advantage occurs when a person can perform an activity at a lower opportunity cost than others, not necessarily because they can do it better or faster in absolute terms.

A Person Has a Comparative Advantage in an Activity Whenever