Sbudah6929 Sbudah6929
  • 03-03-2021
  • Advanced Placement (AP)
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An economy that has the lowest opportunity cost for producing a particular good is said to have a(n):

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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:

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