32
practice examMultiple Choice

Practice Exam

Question 32 • Economics

Which quality best describes a producer with an absolute advantage?

Answer
A
fast
B
prolific
C
efficient
D
accurate

Explanation

A producer has an absolute advantage when they can produce more output with the same resources, or the same output using fewer resources, than another producer. This describes being efficient. “Fast” may help, but speed alone does not establish greater output or lower resource use.

AI-written and checked against the verified answer.

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