A person has a comparative advantage in the production of a good when they can produce the product at a(n) opportunity cost compared to another person.

A person has comparative advantage in the production of a good when they can produce the product at a LOWER opportunity cost compared to another person

Comparative advantage is an economic term that refers to the ability of a company to produce goods and services at a lower opportunity cost than other trade partners. It is an advantage that makes goods and services has lower price than it's competitors .

Explanation:

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

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the main idea of monster inc is good and evil

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