1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepladder [879]
3 years ago
11

What's the difference between comparative advantage and absolute advantage

History
2 answers:
makvit [3.9K]3 years ago
4 0
 When a nation can make a product at a higher quality and faster rate than another, it has an absolute advantage ... If one nation has a lower opportunity cost than another to produce a good, it has a comparative advantage(:
irina [24]3 years ago
3 0
The produce that requires a smaller quantity input to produce a good is said to have an absolute advantage while comparative is a parties ability to produce a particular good or service at a lowering opportunity cost.
You might be interested in
PLEAAAASSSSSE HELP ME
kow [346]

Answer:The firing of MacArthur set off a brief uproar among the American public, but Truman ... South Korea from falling to the invading forces of communist North Korea. ... a policy of pushing into North Korea to completely defeat the communist forces. ... of China might take the invasion as a hostile act and intervene in the conflict.

Explanation:

4 0
3 years ago
GIVING BRAINLIEST AND 30 points
satela [25.4K]

Answer:

Hello! Your answer should be, BELOW

Explanation:

Reconstruction was a success in certain respects.

Reconstruction was a complete failure.

Many of the initial gains of Reconstruction were undone.

Reconstruction had no impact on the lives of African Americans

Hope I helped! Ask me anything if you have any questions! Hope you make an 100%. Brainiest plz!

5 0
3 years ago
How do socialist earn money
mamaluj [8]

A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.

5 0
3 years ago
The Battle of Midway was a ____ point in the war.
aleksklad [387]
D: Turning point. The Japanese lost 322 aircrafts and most of their navy fleet.
6 0
3 years ago
Which statement describing the Cuban missile crisis Is correct?
Vilka [71]
The statement that describes the Cuban missile crisis correctly is that Kennedy and Khrushchev agreed to remove missiles from both Cuba and Turkey. The correct option among all the options that are given in the question is the first option or option "A'. I hope the answer helps you.
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is favorite Netflix tv show? Have you ever seen Supernatural? What is your favorite character in Supernatural? What is you
    13·1 answer
  • What god was most helpful to poets and storytellers? Apollo, Artemis, Ares, Aphrodite?
    8·1 answer
  • Which of the following powers does the president have
    11·1 answer
  • Which of the following choices is NOT a reason why Europeans came to North America?
    8·1 answer
  • Please help !!! Explain Which Bill of Rights (Constitutional Amendments) are significantly
    10·1 answer
  • After the repeal of the Townshend Acts, King George III had been determined to
    8·2 answers
  • Which term best describes the majority of the first
    14·1 answer
  • How did Leland Melvin change the face of science
    10·1 answer
  • What does 3D printing produce?
    11·1 answer
  • What is the Purpose of Jackie Robinson letter?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!