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OCW Scholar - Principles of Microeconomics 9 Online
OpenStudy (anonymous):

how do you figure thecomparative advantage in economicsi

OpenStudy (anonymous):

if you producing a good whose costs are less compared to other firms, then you have comparative advantage in that good (all output are the same)... whereas if you absolute advantage in Good A it simply means that you producing more of that good compared to other firms it does take into account the cost incurred..

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