(Answered)-Your comparative advantage in a specific area is determined by? - (2025 Updated Original AI-Free Solution

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Buy For $11.00 Order Custom Paper

Buy For $11.00

Question

Your comparative advantage in a specific area is determined by?

a,the market value of the skill relative to your opportunity cost of supplying it.

b.the absolute value of the skill in the performance of a specific job.

c.minimum wage laws, health and safety standards and marginal tax rates.

d.the comparative positions of the wealthy, the middle income individuals and low income individuals