Answer:
Brazil has comparative advantage in Ethanol.
Both US & Ethanol can gain from trade, if they specialise in their good of comparative advantage & import the other at lower opportunity cost.
Explanation:
Comparative advantage is when an economy can produce a good with lesser opportunity cost than other economy.
Brazil can produce ethanol at lower opportunity cost, as it uses lesser resources to produce Ethanol, compared to US.
So, Brazil has comparative advantage in producing ethanol. Both US & Brazil can gain from specialisation : As, US can get more ethanol at lesser than domestic opportunity cost. And, Brazil can also gain from trade by importing the good in which US has better opportunity cost & comparative advantage, in exchange of exported ethanol. It would imply Brazil would get more of the other good at lesser than domestic opportunity cost.
I think the answer for your question you have to divide then you get 6,000
Answer:
Barter system
Explanation:
Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.
these type of system is used in society from centuries and long time back before money was introduced.
Answer: Samantha wants to establish credibility with the employee first, then with the team to achieve a goal.
Explanation: First, it seeks to build trust by generating priority work in the employee's skills, then combining integrating this new process with the team and thus creating commitment to achieve the purpose
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