Adjectiveabsolute (comparative more absolute or (rarely) absoluter, superlative most absolute or (rarely) absolutest) Positive absolute Comparative more absolute or (rarely) absoluter Superlative most absolute or (rarely) absolutest
Synonyms
Derived termsTerms derived from "absolute"
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Absolute may refer to: Media
Philosophy
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GNU Free Documentation License What is the difference between comparative advantage and absolute advantage? Q. Example: John and Rob are stranded on a deserted island. To feed themselves each day they can either catch fish or pick fruit. John can pick 60 fruit or catch 20 fish. Rob can pick 100 fruit or 150 fish. Who has the comparative advantage in fruit picking; who has the comparative advantage in fishing? Who has the absolute advantage in fruit picking; who has the absolute advantage in fishing? Asked by asymbolus - Tue Feb 12 12:32:31 2008 - - 1 Answers - 3 Comments A. Rob has absolute advantage in both picking fruit and catching fish because he picks 100 fruits which is higher than what John can pick(60) and Rob can catch 150 fish which is more than what John can catch(20). But John has a comparative advantage in Fruit picking. He needs to give up just 1 fish to pluck 3 fruits. However, if Rob foregoes catching 1 fish and use the time saved to lpuck fruits, he would not be able to pluck even 1 fruit. On the otherhand Rob has comparative advantage in catching fish. He can catch 15 fish by foregoing plucking 10 fruits. As against this John would need to give up plucking as many as 45 fruits to catch 15 fish. It is because of this, ROB will concentrate on catching fish while John on plucking flowers and… [cont.] Answered by 8^3release - Tue Feb 12 14:48:30 2008 How is absolute music different from program music? Q. A. Program music is written in a major key, while absolute music is written in a minor key. B. Program music is written with the twelve-tone system, while absolute music is written without a system. C. Program music is written for TV, while absolute music is written for concerts. D. Program music tells a story, while absolute music has no descriptive purpose. Asked by bananna - Tue Sep 30 20:09:26 2008 - - 1 Answers - 0 Comments A. D Answered by JackHoleJaike - Fri Oct 3 17:41:06 2008 How does China's natural resources result in a absolute or comparative advantage for the country?
Q. China's Natural Resources. Explain how the items might result in an absolute or comparative advantage for the country. Asked by Emily - Tue Sep 23 22:04:09 2008 - - 1 Answers - 0 Comments A. A country is said to have an absolute advantage in the production of a good or service if they are able to make it at a lower cost than another country. For example, if it costs $20 to make a chair in USA, but only $12 to make the same chair in China, then we would say that the Chinese economy has an absolute advantage in the production of that chair. Therefore we should allow people in China to make these chairs, as the finished product will be cheaper for consumers. If all international trade followed this theory, then production would increasingly be isolated in countries with low wages. Only highly specialised items would be able to be produced in countries with high wages. This would result in lower overall world production, which… [cont.] Answered by unknown - Wed Sep 24 01:27:23 2008 From Yahoo Answer Search: "absolute" Absolute Poker's $200K Guaranteed on July 26th
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