QuestionJune 19, 2025

The theory of comparative advantage says you should specialize in producing what you can produce at: the greatest opportunity cost. the greatest absolute cost. the lowest opportunity cost. the lowest absolute cost.

The theory of comparative advantage says you should specialize in producing what you can produce at: the greatest opportunity cost. the greatest absolute cost. the lowest opportunity cost. the lowest absolute cost.
The theory of comparative advantage says you should specialize in producing what you can produce at:
the greatest opportunity cost.
the greatest absolute cost.
the lowest opportunity cost.
the lowest absolute cost.

Solution
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Answer

the lowest opportunity cost. Explanation 1. Identify the key concept Comparative advantage suggests specialization in producing goods at the **lowest opportunity cost**.

Explanation

1. Identify the key concept<br /> Comparative advantage suggests specialization in producing goods at the **lowest opportunity cost**.
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