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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Absolute advantage is
A) the ability to produce more of a good or service than competitors when using the same amount of resources.
B) the ability to produce higher quality goods compared to one's competitors.
C) the ability to produce a good or service at a higher opportunity cost than one's competitors.
D) the ability to produce more of a good or service than competitors that have more resources.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 179 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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Tidy Author
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9 years ago
Thank you, thank you, thank you!
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Yesterday
This helped my grade so much Perfect
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2 hours ago
Brilliant
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