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Author Question: The advantage in the production of a product enjoyed by one country over another when it uses fewer ... (Read 45 times)

ahriuashd

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on: May 25, 2020

Question 1

The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product is
◦ a productive advantage.
◦ a comparative advantage.
◦ an absolute advantage.
◦ a relative advantage.

Question 2

The advantage in the production of a product enjoyed by one country over another when it uses fewer resources to produce that product than the other country does is
◦ a productive advantage.
◦ an absolute advantage.
◦ a comparative advantage.
◦ a relative advantage.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by ahriuashd on May 25, 2020

Sophiapenny

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahriuashd

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Reply 2 on: May 25, 2020
Excellent

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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