3. If a country wants to maximize the value of its output, each job should be carried...

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3. If a country wants to maximize the value of its output, each job should be carried out by the person who

a. has the highest opportunity cost.

b. has a comparative advantage in that activity.

c. can complete the particular job most rapidly.

d. enjoys that job the least.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 28, 2024 11:01 AM

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3. If a country wants to maximize the value of its output, each job should be carried...

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Exploring Macroeconomics

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