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Nov 21, 2020 · The Blue country has an Absolute Advantage in the production of Good A (2 hours). Blue county has an absolute advantage because it takes fewer hours to produce a unit of Good A than Red country, which takes 10 hours. Red Country takes fewer hours to produce Good B (4 hours).Estimated Reading Time: 5 mins
https://learn.robinhood.com/articles/7iVwBnf1eE65Bk8rVGTAlE/what-is-absolute-advantage/
Sep 21, 2020 · In this scenario, Harry has an absolute advantage because he can make one more scarf than Sally using the same amount of time. Put another way; he makes one scarf every four hours, and Sally makes one every five hours. Sally is 80% as efficient as Harry when it comes to making scarves.
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