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

¿Que es la Pesca?(Si no sabes no Respondas)​
There were two alliances fighting in the Seven Years' War that included several other countries each. List the two countries that fought together in each allian
-4 + 3y = 29 5x + y = -3 solve by substitution
write -5 as a logarithim with a base of 4
suppose that a movie rental company supervid charges a $30 subscription fee and $1.5 per movie. lets say that another company megawatch charges $100 subscriptio
A dairy farmer plans to enclose a rectangular pasture (of length x and width y) adjacent to a river to provide enough grass for the herd, the farmer has 240m of
A small business had profits of $200, $300, $400, $500 and $500 over the 5 months. How much profit should the business make in the 6th month to have an average
Compare the functions shown below Using complete sentences, explain which function has the greatest y-intercept.
One number is 32 more than another. Their product is −256.
The terminal velocity of a 3 × 10^-5 raindrop is about 9 m/s. Assuming a drag force Fd = −bv, determine (a) the value of the constant b and (b) the time require