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29 December, 11:16

Comparative advantage is the ability to convince others of the best choices to make in their own self-interest. perform an activity at a lower opportunity cost. determine who your best trading partners are. determine the best use of capital goods.

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  1. 29 December, 11:19
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    The correct answer is letter "B": perform an activity at a lower opportunity cost.

    Explanation:

    Comparative advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor. Having a comparative advantage does not mean that one entity is absolutely better than another at producing a good or service. It means that it sacrifices less to do so.
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