hezetation18 hezetation18
  • 09-11-2016
  • Business
contestada

What is the difference between absolute advantage and comparative advantage?

Respuesta :

fernos333
fernos333 fernos333
  • 09-11-2016
Comparative advantage refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)
Answer Link
driadoll21
driadoll21 driadoll21
  • 31-10-2019

Answer: on edge its A ) Comparative advantage measures opportunity cost and absolute advantage measures efficiency.

Explanation:

Answer Link

Otras preguntas

Is a thumb a real finger?
[tex]-\frac{1}{2}x - 3 = -9[/tex]
Help me with this please!!
a point is chosen at random in the circle. What percent of the time will the point be in the square? Round to the nearest tenth of a percent.
Somebody help me pleaseeeeeeeeeeeeeee
Students picked 144 ounces of strawberries to make strawberry jam. How many pounds of strawberries did they pick​
Here's an adopt me tip! Lemme know if it works for you! Get 3 cracked eggs, and 1 royal egg... take care of them all until their last need. Hatch your cracked e
PLEASE HELP DUE IN 41 MINUTES
What challenges did President Houston face?
What are the ways of increasing voltage across a capacitor? Select all that apply. Group of answer choices a. Decrease the plates' separation distance b. Decrea