Question

Absolute advantage is found by comparing different producers' Group of answer choices opportunity costs. payments to land, labor, and capital. input requirements per unit of output. locational and logistical circumstances.

Answer 1

Answer:

input requirements per unit of output.

Explanation:

A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

Country A has absolute advantage in the production of beans while country B has absolute advantage in the production of rice