Hello, you have come here looking for the meaning of the word
absolute advantage. In DICTIOUS you will not only get to know all the dictionary meanings for the word
absolute advantage, but we will also tell you about its etymology, its characteristics and you will know how to say
absolute advantage in singular and plural. Everything you need to know about the word
absolute advantage you have here. The definition of the word
absolute advantage will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
absolute advantage, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
absolute advantage (plural absolute advantages)
- (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
Japanese: 絶対的な優位性 (ぜったいできなゆうぃせい, zettaiteki na yūisei)
|