If you are relatively better at something, then you are said to have a absolute advantage in that activity.
<h3>What is
absolute advantage?</h3>
Absolute advantage serves as an economic concept which is been used to describe a party's superiority as regards the production capability.
It should be noted that this is the ability to produce a certain good or service at lower cost , hence If you are relatively better at something, then you are said to have a absolute advantage in that activity.
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Answer:
Cotton and Tobacco
Explanation:
It was the most poular prouducts back in that time
The government passed the Pacific Railway Act in 1862.
In this, they allowed the construction of a transcontinental railroad. They had participation in 4 of 5 transcontinental railroads.
Answer: Both approach
Explanation:
This boils down to opinion of the masses as individuals choices differ, as most voters combine both retrospective and prospective approach when selecting their choice candidate. Some judge based on past performance of the candidate; was he successful to handling projects and Co? while others choose based what the candidate is promising to fulfill when they get into office.
Although some persons are more confident on past success of a candidate, some others would love to see changes that come with the new candidate.