You should never buy precooked frozen foods because the price you pay includes the labor costs of

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“You should never buy precooked frozen foods because the price you pay includes the labor costs of preparing the food.” Is this conclusion always valid, or can it be invalidated by the law of comparative advantage?

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Microeconomics A Contemporary Introduction

ISBN: 978-1111415921

9th edition

Authors: William A. McEachern

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Question Posted: Dec 12, 2015 05:17 AM

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You should never buy precooked frozen foods because the price you pay includes the labor costs of

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This statement conflicts with the idea of comparative advantage If yo...View the full answer

Microeconomics A Contemporary Introduction

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