Which of the following is true? a nation can have a comparative advantage in the production of a good only if it also has an absolute advantage. a nation can have a comparative advantage in the production of every good, but not an absolute advantage. a nation cannot have an absolute advantage in the production of every good. a nation cannot have a comparative advantage in the production of every good.

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: