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21 July, 02:38

Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has a (n) :

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  1. 21 July, 06:04
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    the answer is "absolute advantage"

    Explanation:

    Absolute advantage is a principle in economics. It is when Mr. A produces a higher quantity of goods/services than Mr. B using the same quantity of resources.

    In this case, Ithilium produces more electronics than Kilim even both countries use the same amount of electricity.
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