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Match the Assumption/principle in Column 1 with the Best Illustration

question 2

Essay

Match the assumption/principle in column 1 with the best illustration of an implication in column 2.
Match the assumption/principle in column 1 with the best illustration of an implication in column 2.


Definitions:

Absolute Advantage

The ability of a country, individual, or group to produce a good or service more efficiently than competitors, using fewer resources.

Microchips

Small semiconductor devices that contain electrical circuits capable of processing data or controlling devices and processes.

Comparative Advantage

A principle of economics that allows an entity to produce a good or perform a service at a lower opportunity cost than its competitors.

Microchips

Microchips are small semiconductor devices containing integrated circuits used in a wide range of electronic devices to perform computational or control functions.

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