What distinguishes comparative advantage from absolute advantage in production?(1 point)%0D%0AResponses%0D%0A%0D%0AA country has comparative advantage in production when it requires more total inputs than does another country to produce the same output.%0D%0AA country has comparative advantage in production when it requires more total inputs than does another country to produce the same output.%0D%0A%0D%0AA country has comparative advantage in production when its opportunity costs of producing a good are lower than another country's.%0D%0AA country has comparative advantage in production when its opportunity costs of producing a good are lower than another country's.%0D%0A%0D%0AA country has comparative advantage in production when its opportunity costs of producing a good are higher than another country's.%0D%0AA country has comparative advantage in production when its opportunity costs of producing a good are higher than another country's.%0D%0A%0D%0AA country has comparative advantage in production when it requires fewer total inputs than does another country to produce the same output.
A country has comparative advantage in production when its opportunity costs of producing a good are lower than another country's. This means that the country can produce a good at a lower cost in terms of other goods that could have been produced instead. This is different from absolute advantage, which is when a country can produce a good more efficiently or with fewer resources than another country.
