hezetation18 hezetation18
  • 09-11-2016
  • Business
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What is the difference between absolute advantage and comparative advantage?

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fernos333
fernos333 fernos333
  • 09-11-2016
Comparative advantage refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)
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driadoll21
driadoll21 driadoll21
  • 31-10-2019

Answer: on edge its A ) Comparative advantage measures opportunity cost and absolute advantage measures efficiency.

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