When a country requires more resources to produce a product than other countries, it is said to have a(n): A) absolute disadvantage in the production of the product. B) comparative disadvantage in the production of the product. C) lower opportunity cost of producing the product. D) higher opportunity cost of producing the product.

Question

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When a country requires more resources to produce a product than other countries, it indicates that the country is less efficient in producing that product, which is defined as having an absolute disadvantage.

When a Country Requires more Resources to Produce a Product