Final answer:
The entity with the absolute advantage in production is the one that can produce more of a product with the same amount of resources, or the same amount with fewer resources. By comparing productivity rates between producers, one can determine who has the absolute advantage in the production of televisions and video cameras.
Step-by-step explanation:
To determine who has the absolute advantage in the production of televisions and video cameras, you need to look at the productivity of production for these items between different producers or countries. The entity with the absolute advantage is the one that can produce more of a good or service with the same amount of resources or produce the same quantity of a good or service using fewer resources. This is often assessed by looking at production numbers, efficiency reports, or other relevant statistics.
For instance, if Country A can produce 100 televisions using 50 units of labor and Country B can produce 80 televisions with the same amount of labor, then Country A has the absolute advantage in television production. Similarly, if Country A can produce 60 video cameras with 50 units of labor and Country B can produce 75 video cameras with the same amount of labor, Country B would have the absolute advantage in video camera production.
The key to identifying absolute advantage is comparing productivity rates. It is the ability of one producer to make more of a product than another producer with the same level of resources.