Describe goods and services in the provision


Describe goods and/or services in the provision of which you have an absolute advantage. Explain what that advantage is. Describe goods and/or services in the provision of which you have a comparative advantage (what do you give up less of?) 

To define COMPARATIVE advantage you need to include:
1. two (2) producers
2. two (2) products
3. the "price" of each product is expressed in terms of how much of the OTHER product is given up to produce it. 

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Other Subject: Describe goods and services in the provision
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