CorporalRivalle2368 CorporalRivalle2368
  • 25-02-2020
  • Social Studies
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A person has a comparative advantage in the production of a good when they can produce the product at a(n) ________ opportunity cost compared to another person.

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larafolaji larafolaji
  • 26-02-2020

Answer:A person has comparative advantage in the production of a good when they can produce the product at a LOWER opportunity cost compared to another person

Comparative advantage is an economic term that refers to the ability of a company to produce goods and services at a lower opportunity cost than other trade partners. It is an advantage that makes goods and services has lower price than it's competitors .

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