36250
AssignmentMultiple Dropdowns

1.7 Comparative and Absolute Advantage

Question 36250 • TX-Economics Chamberlain P4 T1

Look at the examples, and then determine which type of advantage each one describes.

Answer
A producer can provide cable service more cheaply than another producer.:

absolute

A producer can produce salads while giving up fewer opportunities to make sandwiches than another producer.:

comparative

A producer can create more car parts than another producer, while using the same number of resources.:

absolute

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