5
QuizMultiple Choice

Comparative and Absolute Advantage

Question 5 of 10 • MO-Economics

Which describes a way in which consumers most likely benefit from producers’ absolute advantage?

Answer
A
Consumers’ opportunity costs decrease.
B
Prices decrease as a result of increased production efficiencies.
C
Producers always use savings to improve products.
D
Consumers can find a given product in more places.
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