<u>Option C</u>
The gains from trade are a result of more efficient resource allocation than would be observed in the absence of trade.
<u>Explanation:</u>
The statisticians have surveyed the gains from trade from diverse viewpoints. The ideal ideologists thought that gains from trade emerged from enhanced rendering and specialization. Gains from trade are the exclusive compensations to business operators from holding granted an improvement in deliberate dealing with each other.
The contemporary ideologists viewed the gains from trade as the gains emanating from exchange and specialization. To estimate the gains from the trade, a metaphor of one nation's expense of making with a remote nation expense of making for the identical commodity is lacked.
Answer:
A
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised. The PPF is bowed outward if increasing opportunity costs exist.
As more quantities of good X is produced, there would be fewer resources available to produce good Y. As a result, less of good Y would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Answer:
D. It cost you $85 to gas up your car this month. But last month it only cost you $50.
Explanation:
Your answer would be A.
Dividing a project into phases makes it possible to lead it in the best possible direction. Through this organisation into phases, the total work load of a project is divided into smaller components, thus making it easier to monitor. The following paragraphs describe a phasing model that has been useful in practice. It includes six phases:
<span>Initiation phase
Definition phase
Design phase
Development phase
Implementation phase <---------------
<span>Follow-up phase</span></span>
