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Comparative advantage means the ability to produce a good or service more efficiently than another country. with a lower opportunity cost than another country. less efficiently than another country. with a higher opportunity cost than another country.

2 Answers

3 votes

Answer:

B) With a lower opportunity cost than another country.

Step-by-step explanation:

User Pbirkoff
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Answer:

With a lower opportunity cost than another country.

Step-by-step explanation:

Comparative advantage means the ability to produce a good or a service with a lower opportunity cost. A country with comparative advantage will be able to produce goods or to offer services in a lower price than others countries can sell it. Comparative advantage is not about the quantity or the quality of goods a country can produce, as the better or the bigger producer, it is about producing with a lower opportunity cost.

User Rajnish Mishra
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