Absolute advantage
a. the ability of a country to produce a good using fewer productive inputs than is possible anywhere else in the world
b. the ability of a country to produce a good using more productive inputs than is possible anywhere else in the world
c. the ability of a country to produce a good independenty of how much productive inputs to employ in producton
d. the same as comparative advantage

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.