Comparative advantage in the production of a good or service

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Reference no: EM13735510

How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?

A) It cannot.

B) by comparing the price it receives to the prices of other domestic producers

C) by comparing the price it receives to the world price

D) by comparing the quantity it produces to the quantity produced in the world

E) by comparing the total domestic quantity to the total world quantity

Reference no: EM13735510

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