Question: Since they were able to get the materials while giving up much less than their competitors, they were able to have a comparative advantage. Due

Since they were able to get the materials while giving up much less than their competitors, they were able to have a comparative advantage. Due to its large labor force, China can produce sneakers at a comparative advantage over the US. What is comparative advantage? a. Ability to produce more b. Ability to produce at a lower opportunity cost c. Able to produce at lower prices d. Able to produce with higher quality

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