For a person to have a comparative advantage in producing a product,he must be able to produce that product at a higher opportunity cost than his competitors.

Question

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For a person to have a comparative advantage in producing a product, he must be able to produce that product at a lower opportunity cost than his competitors. This means that the person must be giving up fewer resources that could be used for other purposes in order to produce the product.

For a Person to Have a Comparative Advantage in Producing