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Damm [24]
2 years ago
15

What is the difference between Absolute Advantage and Compartive Advantage?

Business
1 answer:
Kitty [74]2 years ago
3 0

Answer: See explanation

Explanation:

Absolute advantage simply means when an economic entity such as individuals or the firms can produce a particular good more efficiently than others who produce similar good. In this case, a larger quantity is produced when compared to others.

Comparative advantage is when an economic agent can actually produce goods at an opportunity cost that's lower than the opportunity cost of its competitors. Due to this, such economic agent can sell its good at a cheaper price than others and therefore make more revenue.

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Identify job leads and set up interviews.

Explanation:

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D. Inbound Marketing

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2 years ago
Donata Company purchased equipment for $30,000 in December 20x1. The equipment is expected to generate $10,000 per year of addit
attashe74 [19]

Answer:

Total after-tax cash flow= $6000

Explanation:

Giving the following information:

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5 0
3 years ago
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umm screw tis it is odd amd very werid but this is stupid and very dumb and stupid why fo you even bote to be on brainlt this app is good but if ypu want t answer domething like this then talk y albert einstine oh wait hes dead lol ok so the answer is noting because it is hard andery not easy you van figurit out ursepf bye lol

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to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and
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Read more: brainly.com/question/1790872

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