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OpenStudy (poetryprincess):

What are the two steps a producer can take to gain an absolute advantage? 1.Produce more goods. 2.Use high-quality resources. 3.Produce more expensive goods. 4.Use fewer resources. 5.Produce high-quality goods. 6.Use local resources. I put the answers as 2, 3, and 5. Are those correct?

OpenStudy (anonymous):

1, 4, 6, 5,3 1: you want to make more things so you can buy a lot of the things you produce 4: you want to use fewer resources to save money 6:you want to use as much local resource as you can 5:you can to produce high-quality goods. high-quality things make money 3:you want to make expensive things to get a lot of money.

OpenStudy (poetryprincess):

Ohhh, I see. Thanks for explaining the answers to me.

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