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Based on those trade-offs, what your opportunity cost was (the most highly valued alternative you gave up). The producer's comparative advantage, meaning its lower opportunity

  1. Based on those trade-offs, what your "opportunity cost" was (the most highly valued alternative you gave up).
  2. The producer's "comparative advantage," meaning its lower opportunity cost for production. Did you buy the lowest priced product or service, or was quality a key factor?

My product is a limited-edition collectible statue of my all-time favorite superhero from comic books.

I need citations and please explain with details.

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