If a country wanted to maximize the value of its output, each job should be carried out by the person who:
A)has the highest opportunity cost.
B)has a comparative advantage in that activity.
C)can complete the particular job most rapidly.
D)enjoys that job the least.

Question

If a country wanted to maximize the value of its output, each job should be carried out by the person who:​
A)​has the highest opportunity cost.
B)​has a comparative advantage in that activity.
C)​can complete the particular job most rapidly.
D)​enjoys that job the least.

Quizplus · Accepted Answer

According to the principle of comparative advantage, each job should be carried out by the person who has the lowest opportunity cost, which means the person who can produce that good or service with the lowest opportunity cost. This ensures that resources are allocated efficiently and that the country can maximize the value of its output. Therefore, the correct choice is B, the person who has a comparative advantage in that activity.

If a Country Wanted to Maximize the Value of Its