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pashok25 [27]
2 years ago
5

According to Adam Smith, a country has an absolute advantage in the production of a product when it _____.

Business
1 answer:
Zolol [24]2 years ago
3 0

According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

<h3>What is production?</h3>

Production can be defined as the process of manufacturing goods or product.

A country  can have an advantage in the production of a product  over other country when the country is good at what the produce and they are  efficient in  producing the product because they produce a desired result , with this other country will be attracted to what this country produce.

Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

Learn more about production here:brainly.com/question/16755022

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One of the components of advertising message is appeal which is the element that grabs the attention of the customer. The advertiser emphasis on the appeal that attracts the customer like funny or adventurous appeal.

Here, Jamie is wants to convey the message to the students that travel packages provided by him is the best. He is trying to use informational appeal.

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Cogswell cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm
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Based on the cost of purchasing the machine and the delivery and installation fees, the initial outlay is $243,250

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Find out more on fixed asset capitalization at brainly.com/question/25355478

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3 0
2 years ago
What are some common reasons to keep records
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