If you can make a good at a low opportunity cost,
A)you would be well served to produce that good and trade for other goods.
B)you should make something else that has a higher value.
C)you should make something else that has a higher opportunity cost.
D)none of the above

Question

Quizplus · Accepted Answer

If you can produce a good with a low opportunity cost, it means that you are giving up fewer resources to produce that good compared to other goods. This gives you a comparative advantage in producing that good. It would be beneficial for you to produce that good and trade it for other goods that you are less efficient in producing. This way, you can maximize your production and gain more goods overall.

If You Can Make a Good at a Low Opportunity