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absolute advantage

noun

a business situation in which a provider of goods or services is more profitable or efficient than all of its competitors, by having a smaller total input per unit of output

Usage Note

business

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Examples from the Web for absolute advantage
Historical Examples
  • The comrade who does not play billiards will, sooner or later, get an absolute advantage over you.

    The Golden Censer John McGovern

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Word Value for absolute

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