queenliz3634 queenliz3634
  • 04-09-2017
  • Business
contestada

When mik has an absolute advantage in the production of two goods over tommy, mik?

Respuesta :

Erudite1
Erudite1 Erudite1
  • 11-09-2017
When milk has an absolute advantage in the production of two goods over Tommy, Milk IS MORE PRODUCTIVE IN PRODUCING BOTH GOODS THAN TOMMY.
A country or an individual is said to have absolute advantage in producing a good if the person can produce the good more efficiently economic wise.
Answer Link

Otras preguntas

An acute angle θ is in a right triangle with cos θ = 9/10 . What is the value of sec θ?
Convert 4.5 hours to seconds
Health care costs have not been affected by advances in medical technology. Please select the best answer from the choices provided T F
I need some help with a geometry question. Help is appreciated. Thanks!! (See attachment)
Who gives the Nobel Peace Prize award?
ane arranges m chairs in each of n rows to seat x people. The formula to find the number of chairs in each row is m = . If 60 people attend the meeting and eac
Whose book provided valuable insight into ancient Egypt prior to the 19th century?
Saturn is approximately 1.5 billion kilometers from the sun. What is this distance in AU? 0.1 AU 10 AU 100 AU 1,000 AU
What theory suggests genes are located on chromosomes in exact locations?
During World War I, Native Americans were noted for which of these contributions to the war effort? (3 points) combat service in the army employment in war indu