A. More efficient
B. Less Efficient
C. Somewhat efficient
D. Least Efficient
✅ The correct answer is option A.
Comparative edge is specializing actions in which they are more efficient. Comparative advantage is an economic term that refers to an economy’s ability to produce goods and services at a lower opportunity cost than that of trade partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
Comparative edge is specializing actions in which they are more efficient. Comparative advantage is an economic term that refers to an economy’s ability to produce goods and services at a lower opportunity cost than that of trade partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.