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O d. P4 x Q2. Question 14 Absolute advantage is found by comparing different producers' Not yet answered O a. opportunity costs. Marked out of 1.00 b. locational and logistical circumstances. Flag question O c input requirements per unit of output. O d. payments to land, labor, and capital. Question 15 Pete owns a shoe-shine business. His accountant most likely includes which of the following costs on his financial statements? Not yet answered (i) shoe polish Marked out of (in) rent on the shoe stand 1.00 (ili) wages Pete could earn delivering newspapers Flag question (iv) interest that Pete's money was earning before he spent his savings to set up the shoe-shine business a. 0. (). (ii), and (iv) O b. (ii) and (iv) only O c () only O d. (1) and (ii) only Question 16 Suppose the cost of operating a 100