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Is It Possible for a Firm to Have a Comparative

question 35

Essay

Is it possible for a firm to have a comparative advantage in producing something without having an absolute advantage? Why or why not?


Definitions:

Attitude

Attitude refers to a settled way of thinking or feeling about someone or something, typically reflected in a person's behavior or expressed opinions.

Americans

Residents or citizens of the United States, often characterized by a diverse cultural heritage and a wide range of beliefs and practices.

Internal Locus Of Control

Occurs in people who feel they are in control of the events in their own lives.

Attitude

A psychological construct that embodies an individual's positive or negative evaluations, feelings, and tendencies towards an object or idea.

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