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nirvana33 [79]
3 years ago
9

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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Zheng's fleet followed well known commercial trade routes throughout East Asia. He delivered gifts to the places he stopped along the way, such as Brunei, Java, and Thailand. He received goods such as ostriches, zebras, and ivory along the way.

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