Register
Which situation best illustrates the concept of absolute advantage
146,839 views
1 vote
1 vote
Which situation best illustrates the concept of absolute advantage

User Utiq
by
2.5k points

1 Answer

19 votes
19 votes

Step-by-step explanation:

A factory in Vietnam has an absolute advantage because it can produce shoes at a lower cost than others. Absolute advantage makes the factory more competitive in the market than its rivals.

User MisterStrickland
by
3.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

This is referring to the Crucible: What is the dispute between John Proctor and Thomas Putnam? What does this dispute foreshadow? Please and thank you!
Her attitude caused her to look ___ her nose at others
PLEASE HELP I AM GIVING ALOTTT OF POINTS Which stage of the Hero's Journey do you see the most in Percy Jackson Ch. 7 The Lightning Thief also give a piece of evidence to support your thinking.
Choose the answer that completes the sentence below Dyslexic people have trouble reading and understanding text, ______ they often develop ways to cope with dyslexia A. so B. after C. for example D. otherwise
Exercise 1: Choose the best answer A, B or C: 1.My mother used to tell me stories_______________ I went to bed. A.since B.until C.before 2.You better take the keys_______________________ I’m not out. A.
Link Copied!