People can gain by specializing in the production of a good in which ______. a. They have

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People can gain by specializing in the production of a good in which ______.

a. They have a comparative advantage

b. They have an absolute advantage

c. They have a lower opportunity cost

d. They have a higher opportunity cost

e. Both they have a comparative advantage and they have a lower opportunity cost

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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