The manufacturer who has an absolute advantage is: C. Frozen Treats.
<h3>What is a comparative advantage?</h3>
A comparative advantage can be defined as the ability of a business firm or country to produce goods and services at a lower opportunity cost than their rivals (competitors) or trade partners.
<h3>What is an opportunity cost?</h3>
An opportunity cost is also referred to as alternative forgone and it can be defined as the value, profit or benefits that are given up and forfeited by an individual or a business firm (manufacturer), in order to choose or acquire something that is deemed most significant at a particular point in time.
<h3>What is an
absolute advantage?</h3>
An absolute advantage can be defined as a measure of the ability of an individual or a business firm (manufacturer) to perform a specific economic activity such as the production of goods and services, more efficiently than another individual or business firm.
In this context, we can infer and logically deduce that the manufacturer who has an absolute advantage is Frozen Treats because it produced 150 gallons at $12.
Read more on comparative advantage here: brainly.com/question/12291750
#SPJ1
Complete Question:
This table shows the cost of producing ice cream for several manufacturers. Manufacturer Amount Produced Cost The Dairy 100 gallons $10 Ice Cream, Inc. 100 gallons $15 Frozen Treats 150 gallons $12 Bob & Gary’s 125 gallons $15.
Which manufacturer has the absolute advantage?
The Dairy
Ice Cream, Inc.
Frozen Treats
Bob & Gary’s
Answer:
i think this is the answer
Explanation:
Together,Latin american and caribbean nations have HAVE the HIGHEST score for any rigion(59 out of 100)
Answer:
The atmosphere is a thin layer of gases that surrounds the Earth. It seals the planet and protects us from the vacuum of space. It protects us from electromagnetic radiation given off by the Sun and small objects flying through space such as meteoroids.
Answer:B. Health, Safety, and Environmental Management
Explanation:
