3how do com
aantage and absolute advantage der?
absolute aantage means more can be made given the resources while
compare a ntage means the good may be made cheaper given the
other items at could also be arouce
osoite a ntages is a relative concept when comparing production of
erantems, and comparative advantage means a country is better at at
one particular good
compartie adancage impies a country is better at producing everything
beter than another country and absolute advantage means they re better
at afachings
comparatie aantage refers to production of agricultural goods while
absolute advantage refers to industrial production