i need help with Economics i'll give medal :)
sorry i didn't know where to post...

Question

i need help with Economics i'll give medal :)
sorry i didn't know where to post...

godlovesme · Answer

ability to produce at a lower resource cost is ----advantage.

nnesha · Answer

history section ^.^~~~~``:D

godlovesme · Answer

oh Lol sorry but can you help me

godlovesme · Answer

@Nnesha

anonymous · Answer

Economics-Financial Markets is the right section i think

godlovesme · Answer

@Nnesha  its fine thanks :)

anonymous · Answer

I may be able to help. Just give me a sec I'll try to find my notes (I am taking International Business)

godlovesme · Answer

ok :)

anonymous · Answer

not sure if it's called comparative or competitive advantage (lol my mind is messed up)

anonymous · Answer

found my notes
do you know what's the difference between absolute and comparative advantage?

godlovesme · Answer

Absolute advantage refers to a country’s ability to produce a certain good more efficiently than another country. Comparative advantage refers to a country’s ability to produce a particular good with a lower opportunity cost than another country. 
so is it comparative advantage @Data_LG2

anonymous · Answer

:) that's what i think

godlovesme · Answer

thanks soo much :) @Data_LG2

anonymous · Answer

no problem (: