7.7k views
1 vote
A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another country. a. production cost b. opportunity cost c. absolute advantage d. manufacturing advantage

User Taxeeta
by
7.1k points

2 Answers

3 votes

Answer:the is b

Step-by-step explanation:

User Soverman
by
6.9k points
4 votes
The correct answer is b. Opportunity cost.
Comparative advantage is when the country produces goods and services for a lower opportunity cost than other countries. The opportunity cost measures a trade off, such that a country with comparative advantage makes the trade off worth it. Therefore, the advantage of buying their goods or service outweighs the disadvantages.
User Uche
by
7.7k points