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Sagot :
I think the correct answers from the choices listed above are options 1, 4, 5 and 6. The steps a producer can take to gain an absolute advantage are to produce more goods, use fewer resources, produce high-quality goods and use local resources. Hope this answers the question.
I believe the answers are:
1.Produce more goods
4.Use fewer resources.
5.Produce high-quality goods.
6.Use local resources
Absolute advantage refers to a situation when a producer manage to produce a product way more efficiently compared to other producer, which make them able to win competition on the market easily. Factors that could cause an absolute advantage include things such as : larger quantity, higher quality, more material availability, cheaper material cost, and low cost of production.
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