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Absolute cost should be well elaborated in the dictionary

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16y ago

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What is the Assumption of absolute cost advantage?

what are the assumptions of the absolute advantage cost?


What is absolute cost advantage?

its really simple. an absolute cost advantage is that you are making a profit of the cost of what you are producing . In brief terms it is basically finding out methods and using them to minimise the cost of producing a good,so whatever the business manages to save through those methods are ABSOLUTE COST ADVANTAGE


Explain Theory of absolute cost advantage by propounded by Adam smith?

explain theory of absolute cost advantage as propounded by Adam smith


How much does a pint of absolute cost?

about $12


How much does a half gallon of absolute vodka cost cost?

Prices depend on exactly where you are


Difference between absolute cost advantage theory and comparative cost advantage theory?

absolute cost advantage talks about the efficiency and cheaply a country incure in the production of goods and services against other country whiles comparative advantage talks about the opotunity cost of goods


How much do contact lenses cost in south Africa?

absolute nothing


What is absolute duty?

An absolute duty is one that has to be carried out regardless of consequences and the effort and cost of performing the duty. There is reason or excuse for not carrying out the duty.


How much does TIG welding cost - per hour or flat rate?

your answer is not absolute.


What is the definition of cost based price?

In retail, an established percentage is added to the absolute cost (initial cost, plus handling costs) of of an item to arrive at the selling price.


What is comparative advantage and absolute advantage?

absolute advantage is when a country,company, indivdual or region can produce a good better and at a cheaper cost than any other competitor.


What is the absolute location and relation locate of the Phoenicians?

The Phoenicians are located along the Mediterranean cost of Syria

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