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In Business / College | 2025-07-07

What is the benefit in reaching the absolute advantage in the production of one good?
A. to produce more units of a good than other countries
B. to produce fewer units of a good than other countries
C. to produce more units of a good while using fewer resources
D. to produce fewer units of a good while using fewer resources

Asked by brock4560

Answer (2)

Reaching an absolute advantage allows a country to produce more units efficiently, optimize its resources, and enhance its trade opportunities. It promotes competitiveness in global markets and can lead to economic growth. Overall, absolute advantage is key for maximizing productivity and resource utilization. ;

Answered by GinnyAnswer | 2025-07-07

The benefit of reaching absolute advantage in production is that it allows a country to produce more units of a good using the same resources compared to others, leading to increased efficiency, enhanced trade opportunities, and competitive pricing. The correct option is C. to produce more units of a good while using fewer resources.
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Answered by Anonymous | 2025-07-12

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