absolute advantage

English

Noun

absolute advantage (plural absolute advantages)

1. (economics) The capability to produce more of a given product using the same quantity or less of a given resource than a competing entity.

   Antonym: comparative advantage

Translations

economics: capability

• Dutch: absoluut voordeel n
• Finnish: absoluuttinen etu
• French: avantage absolu m
• (deprecated template usage) {{trans-mid}}
• Romanian: avantaj absolut n
• Tagalog: wagas na kalamangan, lubos na kalamangan