The correct answer would be option B, Having a lower cost of production than other firms or nations.
Absolute advantage is having a lower cost of production than other firms or nations.
Explanation:
When a firm or nation can produce a product or service with less resources, or at lower cost, than other firms or nations, then this advantage is said to be the Absolute advantage.
When a firm or nation is able to produce a product or service cheaply than other firm or nation, this is called as Absolute Advantage.
We can take an example to understand the concept of Absolute Advantage. India has cheap workforce than Philippines, so India has an absolute advantage over Philippines in the Call Center Sector because India can hire workforce at a cheaper rate which can do the same task as that of the workforce in Philippines.
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I think it is d. Persian empire but I could be wrong :/
I think they would protest against the police
They opposed to the fifteenth amendment because they wanted women to be included with african - american men. It led to the woman's rights act and they wanted to focus more on women and how they should be treated as fairly as men.
Answer:
The correct answer is A this stuff was build long ago by the romans somewhere around in BC
