<span>The answer is d) All of the above. Like playing the 'telephone game', when one person passes information on to another the information can be distorted by things like their ability to remember it clearly and their own feelings about the content. They may also add or take away from the content based on their own life experiences and feelings.</span>
Answer:
A producer who has a <u>"comparative advantage"</u> experiences less cost when producing that good when compared with another producer.
Explanation:
When a producer is able to produce goods at a lower opportunity cost than the cost of other producers or partners of trade, than the term which is used in economics for this is comparative advantage. When you sell goods at lower cost than the others, it’s obvious that you will get stronger sale margins because everyone will buy your products.
