9
lesson pretestMultiple Choice

Pretest

Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Which describes a way in which consumers most likely benefit from producers’ absolute advantage?

Answer
A
Prices decrease as a result of increased production efficiencies.
B
Consumers can find a given product in more places.
C
Producers always use savings to improve products.
D
Consumers’ opportunity costs decrease.

Explanation

A producer with an absolute advantage can make more of a product using the same resources, which can make production more efficient. Those efficiencies can lower production costs and, in turn, reduce prices for consumers, so the best choice is “Prices decrease as a result of increased production efficiencies.”

AI-written and checked against the verified answer.

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