Which of the following statements is true?
A.Some very talented people have a comparative advantage in everything they do.
B.Some very untalented people have a comparative advantage in nothing they do.
C.Some very talented people have a very low opportunity cost in everything they do.
D.It is possible to have an absolute disadvantage in doing something but still have a comparative advantage in the same thing.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q107: (Table: Fish and Coconut Production Possibilities) Look
Q108: Q109: Q110: If they spend all night writing computer Q111: In one hour, the United States can Q113: Roommates Sarah and Zoe are hosting a Q114: An economy that has the lowest opportunity Q115: If they spend all night writing computer Q116: (Table: Coffee and Salmon Production Possibilities II) Q117: If they spend all night writing computer![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents