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Absolute advantages “can produce something using a smaller number of inputs than another party producing the same product” (Absolute Advantage, 2008).
For this assignment I was asked who would be the absolute advantage. I think that Francis would have the absolute advantage, producing two financial statements and answer ten calls in an hour period. Phil, however can only produce one statement and answer eight calls. I think that Francis should prepare the financial statement and be specialize in that area and Phil should answer the phone and be specialize in that area.
It would be the best opportunity that they divide the workload to accomplish more than what is needed to be done within that day...
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