An individual has an absolute advantage in producing pizzas if that individual:
A. can produce more pizzas in a given amount of time than anyone else.
B. has a lower opportunity cost of producing pizzas than anyone else.
C. has a higher opportunity cost of producing pizzas than anyone else.
D. charges the lowest price for pizzas.
Answer: A
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A. increasing the availability of natural resources. B. increasing physical capital. C. improving technology. D. increasing human capital.
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a. True b. False Indicate whether the statement is true or false
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