The idea behind comparative advantage reflects the possibility that one party: a. may be able to produce everything relatively more efficiently than another party. b. may be able to produce something at a lower opportunity cost than another party. c. may be able to produce something at a lower dollar cost than another party. d. with an absolute advantage in producing two different may export goods both of those goods to the other party.

Option (C) is correct.

Explanation:

In economic sense, a nation or organizations tend to have comparative advantage in producing a commodity or service if they produce or manufacture that good at a much lower opportunity cost which is also known as the autarky price. Comparative advantage tends to elaborate economic reality of gains from trade happening for firms, individuals, and nations, these tend to arise from gap in between their technological progress or factor endowments.

may be able to produce something at a lower opportunity cost than another party.

Explanation:

all people shall have equal rights upon birth and ever after. (when referring to the rights of man the declaration of the rights of man only applied to landowning men who were 25 years or older and paid taxes equal to 3 days worth of work and were not servants.

explanation: hope this

the chart shows a production possibilities schedule for sabrina’s soccer.

the schedule shows the - combination-   of goods the business can produce.

for edgenuit.