If Elaine can produce more output from a set amount of resources than Jerry can,you know that:
A) Elaine has a comparative advantage.
B) Jerry has a comparative advantage.
C) Elaine has an absolute advantage.
D) Jerry has an absolute advantage.
E) Elaine has a normative advantage.

Question

Quizplus · Accepted Answer

Elaine has an absolute advantage because she can produce more output from the same amount of resources compared to Jerry.

If Elaine Can Produce More Output from a Set Amount