Discuss provision of which you have an absolute advantage

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Describe goods and/or services in the provision of which you have an absolute advantage. Explain what that advantage is. Describe goods and/or services in the provision of which you have a comparative advantage (what do you give up less of?)

To define COMPARATIVE advantage you need to include:
1. two (2) producers
2. two (2) products
3. the "price" of each product is expressed in terms of how much of the OTHER product is given up to produce it.

Reference no: EM131702472

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