(Choose 1 answer)
(17722)Which of the following is not correct?
A. The producer who requires a smaller quantity of inputs to produce a good is said to have advantage in producing that good.
B. The producer who gives up less of other goods to produce Good X has the smaller oppor producing Good X.
C. The producer who has the smaller opportunity cost of producing a good is said to have a advantage in producing that good.
D. The gains from specialization and trade are based not on comparative advantage but on advantage.
Exit 17
