English, 05.05.2020 22:23 jackbruski

What is the difference between absolute advantage and comparative advantage?
Absolute advantage is the ability to produce a good or a service at a lower production cost than competitors. Comparative
advantage is the ability to produce a good or service at a lower opportunity cost than competitors.
Absolute advantage is the ability to produce a good or a service at a lower opportunity cost than competitors. Comparative
advantage is the ability to produce a good or service at a lower production cost than competitors.
Absolute advantage is the ability to sell a good or a service at a lower price than competitors. Comparative advantage is
the ability to sell a good or service at a higher price than competitors.
Absolute advantage is the ability to sell a good or a service at a higher price than competitors. Comparative advantage is
the ability to sell a good or service at a lower price than competitors.

Answers: 2

Show answers

Another question on English

English, 21.06.2019 19:00

Read this excerpt from white fang by jack london. the qualities in his kind that in the beginning made it possible for them to come in to the fires of men, were qualities capable of development. they were developing in him, and the camp-life, replete with misery as it was, was secretly endearing itself to him all the time. but white fang was unaware of it. he knew only grief for the loss of kiche, hope for her return, and a hungry yearning for the free life that had been his. which quotation from the paragraph supports the story’s theme of homesickness? “the camp life . . was secretly endearing itself to him all the time.” “but white fang was unaware of it.” “he knew only . . a hungry yearning for the free life that had been his.” “the qualities in his kind . . were qualities capable of development.”

Answers: 1

Answer

English, 22.06.2019 01:30

Which statement is most clearly objective?

Answers: 2

Answer

English, 22.06.2019 04:30

How do you think advertising directed at children influences what they buy or ask parents to buy

Answers: 1

Answer

English, 22.06.2019 06:30

He united states can produce 200 pillows in one week, while spain and france produce 150 and 100 pillows, respectively, in one week. on the other hand, spain can produce 10 televisions in one week, while the united states and france produce only 5 and 4 televisions, respectively. has an absolute advantage in producing pillows, and has an absolute advantage in producing televisions.

Answers: 2

Answer

You know the right answer?

What is the difference between absolute advantage and comparative advantage?
Absolute advantag...

Questions