Question

multiple choice question individuals and countries specialize because the opportunity cost of producing goods and services ______. varies is in equilibrium is low is constant

Explanation:

Specialization occurs when entities focus on producing goods/services where they have a comparative advantage, which stems from differing opportunity costs (i.e., opportunity costs vary between producers). When opportunity costs are low for a good, an entity specializes in it, but the core reason for specialization overall is that these costs are not the same across producers.

Answer:

O varies