Question

Which is the best measurement to use to determine who might have the absolute advantage?

O high opportunity dost
O low opportunity cost
Olow efficiency
O high efficiency​

Answer 1

High efficiency is the best measurement to use to determine who might have the absolute advantage. This means that a person or a country can produce more of a certain good or service using the same amount of resources or can produce the same amount of a good or service using fewer resources than others.

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