If you can produce more of something than others with the same resources,you have
A)a comparative advantage.
B)an absolute advantage.
C)an efficient production system.
D)a free-market economy.

Question

Quizplus · Accepted Answer

Having an absolute advantage means that you can produce more of a good or service than others with the same amount of resources. This concept is often used in international trade theories to determine which country should specialize in producing which goods by comparing their absolute advantages.

If You Can Produce More of Something Than Others with the Same