What is comparative advantage?
a. the gain from selling a product for more than it costs to produce that product.
b. the gain from consuming a product whose benefit is greater than its cost.
c. the ability to produce a good or service at a lower opportunity cost than other producers.
d. the ability to produce more of a good or service than competitors using the same amount of resources.
e. the ability to use all available resources to produce output.

Option C

Explanation: In simple words, the ability of an organisation to carry out an economic activity more efficiently and at a lower opportunity cost than others is called its comparative advantage. Comparative advantage is seen as an indicator of labor efficiency or technological advancement.

For example - Countries like America and Germany are technologically advanced, therefore, the dominate the heavy machine manufacturing around the world.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%