Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Absolute Advantage

Thursday October 17 2024 11:39

An absolute advantage is the ability to produce more than competitors using the same quantity of input in the same amount of time. Let’s simplify this with an example: if you can wrap 20 gifts in 30 minutes while your friends can wrap 15 and 10 gifts in the same time, you hold an absolute advantage over them, provided you all use the same tools.

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