"Without engaging in international trade, Freedonia and Lamponia would have been able to consume at the after-trade consumption bundles" is FALSE.
<u>Option:</u> B
<u>Explanation:</u>
Specialization refers to countries' propensity to focus in certain items they exchange for other commodities, rather than to manufacture all the consumer goods on their own. As the PPF production possibilities frontier displays that production is impractical, Freedonia and Lamponia had to engage in international trade.
Both countries are able to consume the goods they produce.When a country is skilled in manufacturing a good, it can manufacture this good at a lower cost of opportunity than its trading nation. For this comparative advantage, both countries benefit from competing and trading with one another.
An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
Answer:
the amount paid during the year is $16,875
Explanation:
The computation of the amount paid during the year is shown below:
Opening Balance $3,757
Add: Wages expense $15,188
Less: Closing Balance -$2,070
Amount Paid $16,875
Hence, the amount paid during the year is $16,875
We simply applied the above formula so that the correct value could come
And, the same is to be considered
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Answer:
I would us the data by
Explanation:dividing the difference in the prices of similar homes between districts by the difference in test scores between districts
