A person has a comparative advantage in the production of a good when they can produce the product at a(n)________ opportunity cost compared to another person.
A) higher
B) increasing
C) lower
D) equal

Question

Quizplus · Accepted Answer

Comparative advantage is the ability to produce a good with lower opportunity cost compared to another person. Therefore, the person who can produce the good at lower opportunity cost has a comparative advantage.

A Person Has a Comparative Advantage in the Production of a Good