Question: a. tners 41. According to Adam Smith, differences in things such as labor costs, skills, climate, and natural resources create comparative advantage. b. opportunity costs.

a. tners 41. According to Adam Smith, differences in things such as labor costs, skills, climate, and natural resources create comparative advantage. b. opportunity costs. free trade. d. absolute advantage C. Answer: 43. According to Karl Marx, which of the following best describes the way a society organizes itself so that it can produce goods? a. Social superstructures b. Historical materialism c. Principles of justice d. Relations of production

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