Pursuing comparative advantage means
A) adding up the plusses and minuses after a transaction.
B) doing it to the other person first.
C) making equal, fair exchanges for equally valued goods or services.
D) sacrificing something less valuable for the sake of something more valuable.
E) seeking relative status rather than absolute welfare.
D
Economics
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Define the following terms briefly and concisely and indicate their importance to the study of economics
a. entrepreneurship b. investment c. capital d. innovation e. discounting
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