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MaRussiya [10]
3 years ago
15

If john can produce 10 chairs or 20 lamps during a week while mary can produce 12 chairs or 22 lamps in the same​ time, who has

the absolute advantage in producing each​ good?
Business
1 answer:
Norma-Jean [14]3 years ago
5 0

Mary has the competitive advantage for chairs and lamps.

Absolute comparative advantage is the ability to produce something more efficiently than someone else..

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Winter Company earned revenues of​ $150,000 in cash and​ $200,000 on account during 2018. Of the​ $200,000 on​ account, $63,000
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