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11 Dec 2019
Which describes a way in which consumers most likely benefit from producers’ absolute advantage?
A. Consumers’ opportunity costs decrease.
B. Prices decrease as a result of increased production efficiencies.
C. Producers always use savings to improve products.
D. Consumers can find a given product in more places.
Which describes a way in which consumers most likely benefit from producers’ absolute advantage?
A. Consumers’ opportunity costs decrease.
B. Prices decrease as a result of increased production efficiencies.
C. Producers always use savings to improve products.
D. Consumers can find a given product in more places.
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