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What is the law of comparative advantage?
In economics, comparative advantage refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another.
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Asked 3/7/2014 1:41:34 PM
Updated 3/7/2014 2:11:26 PM
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This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [3/7/2014 2:11:26 PM]
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