What is absolute advantage?

Question

What is absolute advantage?

Answer 1

Correct me if I am wrong?

An absolute has both positive and negative aspects covered.

So if you were going to use a truth to argue a paradigm shift, ie the reason for doing something, it would mean your competition whether they react either one way or the other, or even nuetrally would be disadvantaged, ie in terms of opportunity you cant lose?

Seems weird, but if you talk in absolutes even if eaves dropped upon, its not about giving away slam dunk set up failures, but more an action that the truth sets you free as an absolute, its great to use as a classic game play but then some folks specialise in the radical, ie the Chinese call this "new tricks" To say one has a lot of "new tricks" means they are very hard to beat diplomatically for things like bids for olympic games etc. And basically even if you follow and watch they still beat you with an absolute advantage.

Also imagine the party faithful from one party using their unique brand of ten second grab to absolute advantage economically to shaft their rival opposing party?

In the mean time, I am on the median strip politically and some idiot is gonna side swipe me with bad driving, left or right, dunno someone make me a firm job offere quick before these idiots run over me? LMAO

Answer 2

absolute advantage is an ability to produce a product with fewer resources than another country, region, firm or person.

assuming a production possibility curve if a country can produce two goods: capital and consumer... then in the given resources 1000 capital goods can be produced and 500 consumer goods...

this could be produced if only one good were being produced at a time... it means that if another country were able to produce 800 capital goods... that would mean that the first country had the absolute advantage in the production of capital goods.