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

What is the easiest way to find the perimeter of a triangle
As citizens, we do not vote on all legislation directly. We appoint politicians to discuss, debate, and vote on new laws for us. This type of democracy is known
What were the defining aspects of neoclassical art?
How might the Tiber River have been helpful to the development of Rome
When you divide a whole number by a decimal less than 1, the quotient is greater than the whole number. why?
how did the kaiser's desire for respect influence his policies?
A red car and a blue car accelerate from rest to 100 km/h. The red car takes 9.1 s to accelerate and the blue car takes 10.3 s. The cars have the same mass.
Which formula represents copper(I) oxide? (1) CuO (3) Cu2O (2) CuO2 (4) Cu2O2
why did the church respond with its Catholic reformation
Which trends are observed as each of the elements within Group 15 on the Periodic Table is considered in order from top to bottom? (1) Their metallic properties