Question
which of the following is a false statement about assigning work based on comparative advantage? group of answer choices assign the person who is fastest or best at a task to do that task. the person who has absolute advantage in the task will sometimes be assigned to do it. workers will be specialists and not generalists. the person with the lowest opportunity cost at a task should perform it.
Answer
Workers will be specialists and not generalists.
- Q: What is comparative advantage? A: Comparative advantage is the ability of an individual or group to carry out a particular economic activity more efficiently than another activity.
- Q: What is the concept behind the assigning work based on comparative advantage? A: The concept behind assigning work based on comparative advantage is that it is beneficial for individuals, organizations, and countries to specialize in producing goods or services in which they have a comparative advantage.
- Q: Which of the following is a false statement about assigning work based on comparative advantage? A: Workers will be specialists and not generalists.