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11 June, 13:44

A producer with a comparative advantage has the ability to produce a good or service at

A. a lower opportunity cost than any competitor can.

B. a faster rate than any competitor can.

C. a greater volume than any competitor can.

D. a lower cost than any competitor can.

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Answers (2)
  1. 11 June, 13:46
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    the correct answer is A ...
  2. 11 June, 13:52
    0
    A producer with a comparative advantage has the ability to produce a good or service at "a lower opportunity cost than any competitor can". (A)

    Comparative Advantage is the capacity of an individual or gathering to complete a specific monetary action, for example, making a particular item, more proficiently than another activity. The law or guideline of comparative advantage holds that under free commerce, an operator will deliver a greater amount of and consume a lesser degree of a good for which they have a comparative advantage.
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