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Minimalist Dictionary
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comparative advantage
noun
Antonyms
absolute advantage
The ability to produce a particular good at a lower relative opportunity cost than another producer.
Word Frequency 1800~2019
Related words
Other words
atonable
bonelike
flaccid
pruning
late
possible
slingshot
urging
patronize
mandate
goofy
overlay
finalize
veneering
udder
ruby
fringe
astrology
chatting
revivable
absolute advantage
competitive advantage
opportunity cost
producer's good
demerit good
point of difference
economic moat
product differentiation
protection
substitute good
bargaining power
commerciality
production externality
economies of scale
merit good