Question

What is the benefit in reaching the absolute advantage in the production of one good?

to produce more units of a good than other countries
to produce fewer units of a good than other countries
to produce more units of a good while using fewer resources
to produce fewer units of a good while using fewer resources

Answer 1

The correct answer for above statement is:

to produce more units of a good while using fewer resources

Explanation:

A country with a full service can sell the good for less than the country that makes not have a complete advantage. Absolute advantage changes from a relative advantage, which includes to the energy to produce particular goods at a lower fitness cost.

Answer 2

The benefit in reaching the absolute advantage in the production of one good is to produce more units of a good while using fewer resources.

What are the benefit in reaching the absolute advantage?

When a firm or nation can produce a product or service with less resources, or at lower cost, than other firms or nations, then this advantage is said to be the Absolute advantage.

A country with a full service can sell the good for less than the country that makes not have a complete advantage. Absolute advantage changes from a relative advantage, which includes to the energy to produce particular goods at a lower fitness cost.

Learn more about absolute advantage, refer to the link:

https://brainly.com/question/8141905

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