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Absolute Advantage

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Q: What is the term used to describe the ability to produce a specific product more efficiently than any other nation?
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The ability to produce a specific product more efficiently than any other nation?

absolute advantage


What is the ability to produce a product the most efficiently given all the other products that could be Produced?

Comparative Advantage


What is fitness and describe survival of the fittest?

th ability to survive and produce fertile offspring


Why does it make sense to trade with other nations?

A nation will produce what it can produce most efficiently and effectively and buy from other nations what they can produce most efficiently and effectively.


What is a stem line?

a stem cell line is a group of stem cells that has the ability to produce one specific type of cell. for example, one stem cell line could have the ability to produce a kidney, while another line could produce a liver.


What does Ability to reproduce movements accurately in dance mean?

When the choreography calls for a specific movement, the dancer must be able to produce that movement, not some similar movement, but the specific movement that the choreographer has asked for. That is what is meant by the ability to reproduce movements accurately in dance.


Does a talking drum produce a specific pitch?

Yes, they can produce specific pitches.


List and describe the charastics of living things?

G-R-I-M-N-E-R. growth- the ability to increase irreversibly in mass and length. reproduction- the ability to produce offspring irritability- the ability to respond to stimuli movement- the ability to change direction consciously nutrition- the ability to obtain nutrition excretion- the ability to metabolize and remove waste respiration- the ability to obtain energy from digested foods. hope that helps.


Adam smith developed the theory of what in 1776?

Absolute Advantage - an economic theory that holds when a nation can produce a certain type of good more efficiently than others countries, it will trade with countries that produce other goods more efficiently.


What contributed to early people's ability to produce food?

The ability to make fire!!


How does business to be successful it must produce quality products operate efficiently and be what?

Quality consceous and competitive.


Specialization refers to?

Specialization is the ability to produce goods in one specific area because you do it better than others. Many businesses specialize in producing certain products for customers.