Absolute advantage represents the Question 36 options: opportunity costs of the government. payments to land, labor, and capital. input requirements per unit of output. locational and logistical circumstances.

Absolute advantage represents the Question 36 options: opportunity costs of the government. payments to land, labor, and capital. input requirements per unit of output. locational and logistical circumstances.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Absolute advantage represents the

Question 36 options:

	opportunity costs of the government.
	payments to land, labor, and capital.
	input requirements per unit of output.
	locational and logistical circumstances.

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