If Lola can produce more output from a set amount of resources than Kevin,________ has a(n)________ advantage.
A) Lola; comparative
B) Kevin; comparative
C) Lola; absolute
D) Kevin; absolute
E) Lola; normative

Question

Quizplus · Accepted Answer

If Lola can produce more output from a set amount of resources than Kevin, she has an absolute advantage. This is because Lola can produce more output using the same resources as Kevin, regardless of the opportunity cost.

If Lola Can Produce More Output from a Set Amount