Assuming there are several companies (bakeries) competing in the bread market, the bakery which has the absolute advantage, would be the one which is able to manufacture the product, in this case bread, at a lower cost per unit than any other competitor (bakery) which produces the same good or service. This means that the production process of the bakery holding the absolute advantage is more efficient, as it uses a lower amount of inputs or lower priced ones.
Answer:
poverty- lack of education, lack of law enforcement
lack of freedom of speech
lack of right civil society
Explanation:
please mark me as a brainliest
The Bessemer process was the first inexpensive industrial process for the mass production of steel from molten pig iron before the development of the open hearth furnace. The key principle is removal of impurities from the iron by oxidation with air being blown through the molten iron.
According to Wikipedia.com
Answer:
A political theory where society has no classes
