Sbudah6929 Sbudah6929
  • 03-03-2021
  • Advanced Placement (AP)
contestada

An economy that has the lowest opportunity cost for producing a particular good is said to have a(n):

Respuesta :

aishaalme7
aishaalme7 aishaalme7
  • 03-03-2021

Answer:

comparative advantage

An economy that has the lowest opportunity cost for producing a particular good is said to have: a comparative advantage. The concept of comparative advantage is based upon: relative opportunity costs

Explanation:

Answer Link

Otras preguntas

Write 6.7 in two other forms
Which statements correctly describe the Delian League? Choose all answers that are correct. a. Athens dominated the league and meddled in the affairs of other
Cory needs 24 boards that are 47 1/2 inches long . how many feet of board does he need?
Which of the following would be the most effective long-term solution to fighting desertification in the Sahel? a. planting trees throughout the Sahel b. cons
How to write 314,207 in word form?
Which area of geographical study focuses on examining landforms, soils, and bodies of water?
what is 435,647 in word form and expanded form
what brought an end to the dominance of the silk road ?
Marcus purchased 75 shares of stock a year after the purchase the stock the valley of the cost is $2 less per share write a multiplication expression to determi
Analogy for Chicago Bulls : basketball ::