m $-$ Principles

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The slope of the production possibility frontier is determined by the $q,$ of expanding production of one good, measured by how much of the other good would be lost.

A$)$ absolute advantage

B$)$ opportunity cgst

$$

C$)$ relative advantage

$$ D$)$ specialization

Question $22(1$ point$)$

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When one nation can produce a product at lower cost relative to another nation, it is said to have $a(n)q,$ in producing that product.

$$ A$)$ relative advantage

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