Which calculation helps determine which producer has the absolute advantage

1 answer:

6 0

The calculation that helps determine which producer has the absolute advantage is:<u> the quantity produced minus the resources used. </u>The absolute advantage is the ability of a party (person, company or country) to produce a good or service at a lower cost than any competitor. In other words, it is the best one developing the activity in question because it incurs lower costs.

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