absolute advantages

English - English

Definition of absolute advantages in English English dictionary: plural form of absolute advantage
absolute advantage: The capability to produce more of a given product using less of a given resource than a competing entity
Absolute Advantage: (İdari Yönetim) The ability to produce something more efficiently than any other country can
absolute advantage: (Ekonomi) The ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group
absolute advantage: (Ekonomi) In economics, principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce more of a good or service than competitors, using the same amount of resources
absolute advantage: total advantage, ability of one company to produce a good at lower costs than any other business in the same industry (Economics)

absolute advantages

Hyphenation

Ab·so·lute advantages

äbsılut ädväntîcîz

/ˈabsəˌlo͞ot adˈvantəʤəz/ /ˈæbsəˌluːt ædˈvæntɪʤɪz/

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