Nations specialize according to their comparative advantage get benefited outside its PPC.
Specialization based on comparative advantage leads to more effective use of global resources. Both countries will have access to larger quantities of both goods.
Also foreign commerce stimulates the production of various commodities in different nations and leads to specializations.
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Well, i believe the answer is : A. buy a new cash register with credit card capability
since its located in a busy office complex, many of the customers are very likely to be credit card users. Upgrading the register will attract more customers due to its paying option and increasing efficiency at the same time
Answer:
b.$34,320
Explanation:
Ordinary interest ; Use simple interest formula to fins amount
Amount (A) = Simple interest +Principal , and
Simple interest (S.I) = Principal * rate *time i.e. P*r*t
Principal = $33,000
rate = 6%
time in years = 8/12 <em>note: 8 months, counted from May 17 to Jan 16)</em>
Amount = [33,000*0.06 * ]+ 33,000
A = 1,320 + 33,000
A = 34,320
Therefore, the maturity value would be $34,320
Answer:
stable
Explanation:
The quantitative theory of money is an economic theory that aims to explain the causes of inflation, that is, the variations in prices and the value of money in a country. To explain inflation, the quantitative theory of money relates the money supply to the general price level.
Answer:
B) By charging high prices to ship agricultural goods to market
Explanation:
Arround 19th century, the farmers always look up to railroads as a means of transportation for their goods to other nations which later became Monopoly as regards to means of transportation. It should be noted that In the late 1800s, railroad monopolies create economic hardships for farmers by charging high prices to ship agricultural goods to market