An economy is said to have a comparative advantage in the, Operation Management

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An economy is said to have a comparative advantage in the

An economy is said to have a comparative advantage in the production of one good if it:

can produce more of all goods than another economy.

can produce less of all goods than another economy.

has the lowest opportunity cost for producing a particular good.

has the highest opportunity cost for producing a particular good.

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Operation Management: An economy is said to have a comparative advantage in the

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Operation Management: An economy is said to have a comparative advantage in the

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