Absolute Advantage Is the Ability to Produce a Good or Service

question 70

True/False

Absolute advantage is the ability to produce a good or service more efficiently than it can be produced elsewhere.

---

Definitions:

Instinct

A natural and usually unchangeable behavior pattern in animals triggered by specific signals.

Cognitive

Relating to, being, or involving conscious intellectual activity such as thinking, reasoning, or remembering.

Primary Motives

Fundamental drives or instincts that are necessary for survival, such as hunger, thirst, and the need for warmth.

Need for Food

The Need for Food refers to the basic physiological requirement for nutrition, which drives the behavior of eating to sustain life and energy levels.