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In Economics / Senior High School | 2025-05-16

Which example best shows absolute advantage?
A. A country that produces 100 bags of rice per day while another produces 80
B. A farmer switching from rice to corn
C. A consumer buying imported bananas
D. A country importing oil

Asked by armaidarasi892

Answer (1)

The correct answer is letter A. Absolute advantage is producing more with the same resources. If Country A can make more rice than Country B, it has an absolute advantage.

Answered by MaximoRykei | 2025-05-18