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What is absolute advantage?
Absolute advantage is the capability to produce more of a given product using less of a given resource than a competing entity.
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Asked 3/27/2012 5:36:52 PM
Updated 11/22/2016 11:16:46 AM
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Edited by yumdrea [11/22/2016 11:16:45 AM]
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Absolute advantage is the capability to produce more of a given product using less of a given resource than a competing entity.

Added 11/22/2016 11:16:46 AM
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All of the following helped compose the Federalist Papers EXCEPT: A. James Madison B. Alexander Hamilton C. Patrick Henry D. John Jay
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Updated 7/17/2015 5:08:53 PM
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All of the following helped compose the Federalist Papers EXCEPT: PATRICK HENRY.
Added 7/17/2015 4:57:29 PM
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Confirmed by yumdrea [7/17/2015 9:43:24 PM]
___________ : a decline in the value of a currency. A. Rise B. Importation C. Depreciation D. Appreciation
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Updated 12/21/2015 11:41:37 PM
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Depreciation is a decline in the value of a currency.
Added 12/21/2015 11:41:37 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/21/2015 11:43:03 PM]
absolute advantage?
Question
Updated 3/6/2014 4:09:00 PM
1 Answer/Comment
In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce more of a good or service than competitors, using the same amount of resources.
Added 3/6/2014 4:09:00 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [3/6/2014 4:15:51 PM], Rated good by andrewpallarca
What is balance of trade?
Weegy: trade 1. The business of buying and selling commodities; commerce. See Synonyms at business. 2. The people working in or associated with a business or industry: a textile-exporting publication for the trade. 3. The customers of a specified business or industry; clientele. 4. The act or an instance of buying or selling; transaction. 5. An exchange of one thing for another. 6. An occupation, especially one requiring skilled labor; craft: the building trades, including carpentry, masonry, plumbing, and electrical installation. 7. The trade winds. Often used in the plural with the. User: absolute advantage (More)
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Updated 5/26/2014 8:15:03 AM
2 Answers/Comments
Balance of trade is the difference in value between the total exports and total imports of a nation during a specific period of time.
Added 5/26/2014 8:14:33 AM
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Absolute advantage is the ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.
Added 5/26/2014 8:15:03 AM
This answer has been confirmed as correct and helpful.
I discovered that Vanessa was superficial, or shallow, and I didn't feel like I had much in common with her. Identify the context clue and its function in the sentence above. A. shallow, as a synonym for superficial B. common, as a synonym for shallow C. superficial, as an antonym for shallow D. common, as a consequence of feel
Weegy: D. common, as a consequence of fee (More)
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Updated 7/22/2014 5:44:43 PM
2 Answers/Comments
A. shallow, as a synonym for superficial.
Added 3/26/2012 1:35:56 PM
This answer has been added to the Weegy Knowledgebase
I discovered that Vanessa was superficial, or shallow, and I didn't feel like I had much in common with her. The context clue and its function in this sentence is: shallow, as a synonym for superficial.
Added 7/22/2014 5:44:43 PM
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