maddoxgifford maddoxgifford

21-01-2021
Social Studies

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how do comparative advantage and absulute advantage differ

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mlewis0033 mlewis0033

21-01-2021

Answer:

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Explanation:

Absolute advantage is uncontested superiority of a country or business to produce a particular good better where as comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production diversification.

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