QUESTION IMAGE
Question
pregunta 5 (2 puntos)
a/an ____ is the ability of a person, company, or country to produce goods and services at a lower opportunity cost than others.
a corporate advantage
b absolute advantage
c comparative advantage
d statistical advantage
pregunta 6 (1 punto)
a tax that has the same tax rate for everyone is known as a/an ____ tax.
a regressive tax
b proportional tax
c progressive tax
d personal tax
Brief Explanations
- Pregunta 5: Comparative advantage is defined as the ability to produce goods/services at a lower opportunity cost than competitors, which matches the given definition.
- Pregunta 6: A proportional tax applies the same tax rate to all individuals or entities regardless of income or other factors, which aligns with the question's description.
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Pregunta 5: c. comparative advantage
Pregunta 6: b. proportional tax