maddoxgifford maddoxgifford
  • 21-01-2021
  • Social Studies
contestada

how do comparative advantage and absulute advantage differ

Respuesta :

mlewis0033
mlewis0033 mlewis0033
  • 21-01-2021

Answer:

:)

Explanation:

Absolute advantage is uncontested superiority of a country or business to produce a particular good better where as  comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production diversification.

hope this helps

Answer Link

Otras preguntas

Which better describes the data set the mean or the median explain
What is the purpose of the proclamation Lin 1763
Shakespeare wrote many plays, ____________________ Anton Chekhov. (1 Point) and so was and so did and so had and so wrote 5.Sharjah has many parks and beaches.
the sum of 14 and twice malik’s savings
This is the last one I hope!
WILL MARK BRAINLIEST!!!! HELP ASAP!!!! 1. If the range for a set of data is 24, from 2 to 26, and the mean is 17, what can you conclude about the data? A. 17 is
the percent of working students increased 8.1 to 40.5 what was the present prior to increase
pls help me its for a grade
Katherine has a square vegetable garden. Each side of the garden is 5 meters long, and she plans to extend the side lengths by 1 meter each year so she can plan
Use commas before and/or after directly addressing someone