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Which quality best describes a producer with an absolute advantage

a.efficient
b.fast
c.accurate
d.prolific

User Krishna
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2 Answers

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The answer is A. Efficient, good luck!
User Headuck
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The correct answer is:

efficient

This four qualities which are, efficient, fast, accurate, prolific are referring to one best quality which is for being very productive. Speaking of producer meaning is to produce plenty and it is 100% efficient, and it is an absolute advantage.

Explanation:

The producer that needs a smaller quantity of inputs to produce a good is said to have an absolute interest in performing that good. Comparative advantage refers to the capacity of a party to produce a different good or service at a lower consistency cost than another.

User Amr Magdy
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