https://boycewire.com/comparative-advantage-definition/
Advantages are the ability to make more goods and services over a different entity.
Comparative advantage is the ability to produce a good or service at a lower marginal cost and opportunity cost than another entity.
An entity that has a comparative entity is able to produce a good or service more efficiently often in less time.
Absolute advantage is the ability to produce more or better good or service than another entity.
Production efficiency is the level at which an economy or entity can no longer produce additional amounts of a good without lowering the production level of another product.
This is usually visualized using the production possibility frontier (PPF) or the production possibility curve (PPC).
The PPF represents all of the different combinations of two goods that can be produced. It captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services.
The opportunity cost of moving from one efficient combination to another is how much of one good is given up.
The PPF can also shift depending on the economic growth. For example, if the growth is positive, the entire graph will shift outwards.