The ability of one person or nation to produce a good at a lower opportunity cost than another is called a(n):

A. market advantage.
B. comparative advantage.
C. absolute advantage.
D. specialization advantage.

Answer: B

Economics

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What problem is the health insurance company trying to avoid? How does this policy mitigate this problem?

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A) increases reserves. B) is never associated with the expectation of devaluation. C) may undo expected devaluation. D) reduces losses during a devaluation scare. E) decreases reserves and may induce devaluation.

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