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svetlana [45]
3 years ago
9

Comparative advantage is the ability to convince others of the best choices to make in their own self-interest. perform an activ

ity at a lower opportunity cost. determine who your best trading partners are. determine the best use of capital goods.
Business
1 answer:
Ira Lisetskai [31]3 years ago
3 0

Answer:

The correct answer is letter "B": perform an activity at a lower opportunity cost.

Explanation:

Comparative advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor. Having a comparative advantage does not mean that one entity is absolutely better than another at producing a good or service. It means that it sacrifices less to do so.

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For each error below, indicate:
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Answer:

1. Inventory account will be affected and assertions of accuracy and valuation will be violated.

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4. No impact.

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$29,400

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