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absolute advantages
noun
Plural of absolute advantage
Exact(3)
Make no mistake: there are absolute advantages to Hollywood embracing VR.
Comparison among these three kinds of phenotypes with respect to their influence on QTL mapping [66] and marker assisted selection studies [67] demonstrate that none of them has absolute advantages over the others.
Unfortunately, most of the absolute advantages reported represent a restricted progress in the treatment of advanced NSCLC.
Similar(57)
Speed of ballistic missiles gives the aggressor an almost absolute advantage over any enemy.
"Everyone knows that on the Internet, the United States wields absolute advantage and control".
Absolute advantage, economic concept that is used to refer to a party's superior production capability.
And even if a country were the most efficient in every industry, giving it an absolute advantage in everything, it could not have a comparative advantage in everything.
Country A is said to have an absolute advantage in the production of both wine and cloth because it is more efficient in the production of both goods.
Similarly, country 2 has an absolute advantage over country 1 in producing good B. The concept of absolute advantage was first introduced in 1776 in the context of international trade by Adam Smith, a Scottish philosopher considered the father of modern economics.
Absolute advantage labour required to produce a unit of good A labour required to produce a unit of good B country 1 2 8 country 2 10 5 Country 1 has an absolute advantage in producing good A, because country 1 requires only 2 units of labour to produce a unit of good A while country 2 requires 10.
It's a quality the psychologist Angela Duckworth calls "grit," and Carol Dweck dubs the "incremental mindset": the knowledge that perseverance, dedication, and motivation can help you where an absolute advantage may not immediately come to the rescue.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com