Which statement is TRUE?
A)Very talented people may have a comparative advantage in everything they do.
B)Very untalented people have a comparative advantage in something they do.
C)Very talented people may have a low opportunity cost in most things they do.
D)Very untalented people may have a high opportunity cost in most things they do.

Question

Quizplus · Accepted Answer

Comparative advantage exists when a person or country can produce a good or service at a lower opportunity cost than others. Even very untalented people can have a comparative advantage in something they do, because it's about the relative efficiency in producing one good or service over another, not absolute skill levels.

Which Statement Is TRUE