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Ilya [14]
3 years ago
9

Absolute advantage is best defined as:

History
2 answers:
HACTEHA [7]3 years ago
7 0

The correct answer is alternative C) "being able to produce more efficiently than a competitor."

Absolute Advantage is an economics principle related to the capacity of an individual, firm or country to produce more of a product of service using the same quantity of resources used by the competition.

In other words, we can describe it as being more efficient than the competition, otherwise it would be impossible to make more with less resources. For that reason, alternative "C" is the correct one.

Alenkinab [10]3 years ago
6 0

Answer:

C. being able to produce more efficiently than a competitor.

Explanation:

EDg

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