3 years ago

Goods with the highest opportunity costs are most efficient to produce. True or false? (3 Points)

History

2 answers:

solong [7]3 years ago

4 0

True and I hope this isn't 3 points

Law Incorporation [45]3 years ago

3 0

The answer is false. "Therefore, if given a choice between producing two goods, a country will make the most efficient use of its resources by producing the good with the lowest opportunity cost, the good in which it holds the comparative advantage , and by trading for the other good."

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