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comparative advantage is: select one: a. lower opportunity cost b. lowe…

Question

comparative advantage is:
select one:
a. lower opportunity cost
b. lower wages
c. lower taxes
d. government subsidies

Explanation:

Brief Explanations

Comparative advantage is defined by the ability to produce a good or service at a lower opportunity cost than another producer. Opportunity cost refers to the value of the next best alternative forgone. The other options (lower wages, lower taxes, government subsidies) relate to factors that might affect production costs but are not the core definition of comparative advantage.

Answer:

a. Lower opportunity cost