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When a Country Requires More Resources to Produce a Product

Question 2

Multiple Choice

When a country requires more resources to produce a product than other
Countries, it is said to have a(n) :


A) absolute disadvantage in the production of the product.
B) comparative disadvantage in the production of the product.
C) lower opportunity cost of producing the product.
D) higher opportunity cost of producing the product.

Correct Answer:

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