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Business, 06.03.2020 19:19 suzy61

The producer that requires a smaller quantity of inputs to produce a certain amount of a good, relative to the quantities of inputs required by other producers to produce the same amount of that good, a. has a low opportunity cost of producing that good, relative to the opportunity costs of other producers. b. has a comparative advantage in the production of that good. c. should be the only producer of that good. d. has an absolute advantage in the production of that good.

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