FAN AND MEDAL!!
If given a choice between producing two goods, a nation will choose to produce the good with the ___________________.
highest production cost
highest opportunity cost
lowest comparative advantage
lowest opportunity cost
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OpenStudy (inowalst):
What do you think?
OpenStudy (anonymous):
I think its B but i know thats not right
OpenStudy (acarpenter2):
Why B?
OpenStudy (inowalst):
B is incorrect.
OpenStudy (acarpenter2):
Think about it logically, what benefits them the most?
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OpenStudy (anonymous):
my friend said she did it yesturday and B isnt correct
OpenStudy (acarpenter2):
Ok, then what would be your next guess?
OpenStudy (anonymous):
it looks and seems correct but its not
OpenStudy (anonymous):
I dont really get this quetsion..
OpenStudy (acarpenter2):
Well if you wanted to sell something, would you go with something thats really expensive to make?
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OpenStudy (anonymous):
No..
OpenStudy (acarpenter2):
so that crosses off A.
OpenStudy (acarpenter2):
now you have c and d which one do you think it is?