Explain how it is possible for one of two people in a two-good economy to have an absolute advantage ...

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Explain how it is possible for one of two people in a two-good economy to have an absolute advantage ...

Explain how it is possible for one of two people in a two-good economy to have an absolute advantage in producing both goods, but trade can still benefit both people.

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Microeconomics: Theory and Applications with Calculus

Edition: 4^th

Author: Perloff

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MrsAngelD Author

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This helped my grade so much Perfect

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Thanks for your help!!

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