Business, 07.10.2019 19:30 mocheal8216

What is the difference between absolute advantage and comparative advantage? ▼ 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. 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.

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What is the difference between absolute advantage and comparative advantage? ▼ comparative absolute...

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