1 pts Absolute Advantage is.. O the ability to produce a good at a lower opportunity cost than another producer O the ability to produce MORE of a good than another producer O the ability to produce a good using fewer inputs than another producer the ability to control the entire market Question 2 1 pts Comparative Advantage is. the ability to produce a good at a lower opportunity cost than another producer the ability to produce MORE of a good than another producer O the ability to produce a good using fewer inputs than another producer O the ability to control the entire market Question 3 1 pts Opportunity Cost is ... the market price of the product whatever must be given up to obtain some item interest payment on the loan O amount of deposit