absolute advantage
nounDefinitions
The capability to produce more of a given product using the same quantity or less of a…
The capability to produce more of a given product using the same quantity or less of a given resource than a competing entity.
- For quotations using this term, see Citations:absolute advantage.
The neighborhood
Vish — recursive loop
No curated loop yet for absolute advantage. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA