Here, the Nissan Altima, Toyota Camry, Chevy Malibu, Honda Accord, Ford Fusion, and Mazda6 face off in a contest of performance, style, comfort, and. America loves its high-riding SUVs and crossovers, but the midsize sedan is still our country's bulk auto. Here, the Nissan Altima, Toyota Camry, Chevy Malibu, Honda Accord, Ford Fusion, and Mazda6 face off in a contest of performance, style, comfort, and utility. More.
chapter 2 homework. STUDY. PLAY. the primary difference between absolute and comparative advantage is. absolute advantage refers to the ability to produce more of a good or service using the same amount of resources and comparative advantage refers to the ability to produce a good or service at a lower opportunity cost.
A country is in a position to enjoy comparative advantage in the production of a product when the said product can be produced with a lower expenditure in comparison with other products the country produces. It is argued that even though a nation may have an absolute advantage in the production of both products.n RCA of less than 1 demonstrates that the country has no Revealed Comparative Advantage and is not specialized in the product line (Balassa, 1965; Krugell & Matthee, 2009). RESULTS AND DISCUSSION Ethiopia has 302 product lines which have RCA equal or greater than 1.