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Social StudiesSocial Studies
2 June, 16:14

A good should be produced in the nation that ...

A. absolute advantage

B. the lowest opportunity cost

C. can charge other nations a higher price for that good.

D. will have the better terms of trade on that good.

E. is the most environmentally friendly

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Answers (1)
  1. 2 June, 19:39
    0
    An economy can increase the production of one good without reducing the output of another good if: there are no unemployed resources and the economy is operating within the production possibilities frontier. there are no unemployed resources and the economy is operating outside the production possibilities frontier.

    Explanation:

    the answer is d
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Home » Social Studies » A good should be produced in the nation that ... A. absolute advantage B. the lowest opportunity cost C. can charge other nations a higher price for that good. D. will have the better terms of trade on that good. E.
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