Business, 05.09.2020 19:01 myaaa13754
A person who has an absolute advantage in the production of all goods will:
a. not have a comparative advantage in the production of any goods.
b. produce all goods at the lowest opportunity coot.
c. have a comparative advantage in the production of only some goods and not others.
d. not be able to gain from specialization and trade.
e. also have a comparative advantage in the production of all goods.
Answers: 2
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A person who has an absolute advantage in the production of all goods will:
a. not have a comparati...
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