menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    It Is Possible to Have an Absolute Advantage in Producing
Solved

It Is Possible to Have an Absolute Advantage in Producing

Question 166

Question 166

True/False

It is possible to have an absolute advantage in producing a good or service without having a comparative advantage.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q161: If a country produces only two goods,

Q162: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-8

Q163: Table 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-11

Q164: Table 2-2<br>Production choices for Billie's Bedroom Shop<br>

Q165: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-8

Q167: In economics, the term "free market" refers

Q168: Crude oil is not an example of

Q169: If Tanisha can audit more tax returns

Q170: The concept of opportunity cost is that<br>A)in

Q171: If a nation changes its laws to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines