alejandraes56 alejandraes56
  • 12-06-2021
  • Business
contestada

Which situation best illustrates the concept if absolute advantage??

Which situation best illustrates the concept if absolute advantage class=

Respuesta :

topeadeniran2 topeadeniran2
  • 17-06-2021

Answer: A German factory that can build more sports cars than foreign factories.

Explanation:

Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.

In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.

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