Flashcard sets with a 'comparative advantage' term meaning 'a producer has a comparative advantage over another in the production of a good or service if it can produce that product at a lower opportunity cost.'

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1-2 of 2Flashcard sets with a 'comparative advantage' term meaning 'a producer has a comparative advantage over another in the production of a good or service if it can produce that product at a lower opportunity cost.'
# Title Terms Date
1Macro, chapter 2 vocabby eternallysleepy27 termsOctober 1, 2008
2Econ 201 - Micro - Ch 2by tayjoh17 termsOctober 28, 2007
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