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Social Studies, 17.02.2020 22:55 ethanmel21
What is the difference between absolute advantage and comparative advantage? A. Comparative Absolute advantage is the ability of an individual, a firm, or a country to produce a good or service at a lower opportunity cost than competitors. B. While comparative absolute advantage is the ability of an individual, a firm, or a country to produce more of a good or service than competitors when using the same amount of resources. C. A country will always be an exporter of a good where it has a competitive an absolute a comparative advantage in production.
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What is the difference between absolute advantage and comparative advantage? A. Comparative Absolute...
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