If Bishan wants to capitalize on comparative advantage in his life, then he should: -compare his preferences to those of others and trade with those who like things he does not like. -produce either goods or services but not both. -do more of what he is relatively good at and then trade for other things. -do more of what he has an absolute advantage in and trade for other things.

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.