Which of the following is NOT used in identifying who has a comparative advantage in a particular task when multiple people can perform that task and another one? (Note: The tasks are not necessarily listed in chronological order.)
A)Identify who has the lowest opportunity cost in performing the task.
B)For each person, calculate how much of the alternative task could have been done in the time it takes to perform the desired task.
C)For each person, calculate the total time it takes to perform both tasks consecutively.
D)Identify how long it takes each person to perform each task.

Question

Quizplus · Accepted Answer

Comparative advantage is determined by who has the lowest opportunity cost in performing a task, not by the total time it takes to perform both tasks consecutively. Calculating the total time for both tasks does not directly relate to identifying comparative advantage, which is more about efficiency and opportunity cost in performing one task over another.

Which of the Following Is NOT Used in Identifying Who