Recently,it has been suggested by researchers that the theory of comparative advantage may explain the fact that
A)Tiger Woods mows his own lawn.
B)brilliant scholars write textbooks.
C)Homo sapiens displaced Neanderthals.
D)many countries impose tariffs.

Question

Quizplus · Accepted Answer

The theory of comparative advantage suggests that entities (individuals, groups, or countries) will benefit by specializing in the production of goods or services for which they have a relative efficiency advantage. Homo sapiens may have displaced Neanderthals by specializing in activities or skills that gave them a comparative advantage in survival and adaptation.

Recently,it Has Been Suggested by Researchers That the Theory of Comparative