Mrs.Abel has a comparative advantage in producing cabbage if,in comparison to Mrs.Bee,Mrs.Abel can grow cabbage:
A) with less labor.
B) with fewer inputs.
C) at a lower equilibrium.
D) at a lower opportunity cost.
E) with less technology.

Question

Quizplus · Accepted Answer

Comparative advantage means being able to produce a good at a lower opportunity cost. Therefore, if Mrs. Abel can grow cabbage at a lower opportunity cost than Mrs. Bee, she has a comparative advantage in producing cabbage. The other options do not define comparative advantage.

MrsAbel Has a Comparative Advantage in Producing Cabbage If,in Comparison