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absolute advantage is: select one: a. producing with fewer workers only…

Question

absolute advantage is:
select one:
a. producing with fewer workers only
b. patent strength
c. borrowing capacity
d. ability to produce more efficiently

Explanation:

Brief Explanations

Absolute advantage refers to the ability of an entity (individual, firm, country) to produce a good or service using fewer resources (or more output with the same resources) than another entity, which is the core of "producing more efficiently." Option a is incorrect because it limits the advantage to "fewer workers only" (resources include more than labor). Options b and c are unrelated to production efficiency.

Answer:

d. Ability to produce more efficiently