In general,individuals should specialize in producing those goods for which they have a(n)
A) absolute advantage.
B) comparative advantage.
C) absolutely comparative advantage.
D) absolute and comparative advantage.
E) comparatively absolute advantagE.

Question

Quizplus · Accepted Answer

Individuals should specialize in producing those goods for which they have a comparative advantage. This means that they can produce the good at a lower opportunity cost than others. By specializing in these goods, individuals can increase their overall productivity and efficiency, leading to higher output and economic growth.

In General,individuals Should Specialize in Producing Those Goods for Which