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A country with an absolute advantage can produce a good or service

A. more slowly than another country.
B. more efficiently than another country.
C. less efficiently than another country.
D. in twice the time as another country.

Sagot :

GinnyAnsweridn

Final answer:

Absolute advantage in economics means producing goods more efficiently. It is determined by using fewer resources to produce a good than another country.


Explanation:

A country with an absolute advantage can produce a good or service more efficiently than another country. Absolute advantage means that a country can produce a good using fewer resources, which results in higher efficiency. For example, if Country A can produce cars using fewer labor hours compared to Country B, Country A has an absolute advantage in car production.


Learn more about Absolute Advantage in Economics here:

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