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Which of the Following Statements Is True

Question 121

Multiple Choice
Which of the following statements is true?
A)Individuals who have never been the best at doing anything cannot have a comparative advantage in producing any product.
B)Individuals who have never been the best at doing anything can still have a comparative advantage in producing some product.
C)Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others.
D)Individuals who have never been the best at doing anything must have an absolute advantage in at least ones task.

Which of the following statements is true?


A) Individuals who have never been the best at doing anything cannot have a comparative advantage in producing any product.
B) Individuals who have never been the best at doing anything can still have a comparative advantage in producing some product.
C) Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others.
D) Individuals who have never been the best at doing anything must have an absolute advantage in at least ones task.

Correct Answer:

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