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seraphim [82]
3 years ago
14

PLSSS HURRYY PLSS

History
1 answer:
wlad13 [49]3 years ago
6 0

Answer:

is your first name Addison

Explanation:

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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.

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