If you can produce more of something than others who have the same resources,you have

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Having an ability to produce more of something than others who have the same resources is referred to as an absolute advantage. This term reflects a situation where a person, organization, or country can produce a particular good or service with fewer resources than another. The concept of absolute advantage is a key principle in international trade and can result in specialization and increased efficiency. On the other hand, comparative advantage compares the opportunity cost of producing a good between different producers. Efficient production system and free-market economy are not relevant to this situation.

If You Can Produce More of Something Than Others Who