Society's standard of living will likely increase if True
<h3>What is Comparative advantage?</h3>
Is TRUE that If a society's production possibilities frontier shifts to the right, the society's standard of living will likely increase?
Export goods in which it has a comparative advantage.
Comparative advantage is when someone produces something more cheaply than other competitors in the same market as the firm; however, comparative advantage is not the same as being the best at something.
In this case, a society's standard of living will probably rise if the frontier of its production possibilities shifts to the right.
Products in which it has a competitive advantage are exported.
In an economic model, agents have a comparative advantage over others in producing a particular good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to a trade.
To learn more about comparative advantage, refer
to brainly.com/question/26997143
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Answer:
yes
Explanation:
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Answer:
ego transcendence versus ego preoccupation
Explanation:
Ego transcendence is the belief that a person has done enough contribution in his/her life and their legacy will be carried on / remembered by the next generation. Ego preoccupation believes the opposite. It see our life as some sort of failure and 'useless'.
This conflict tend to occurs on individuals when we reach a late adult age.
This can be seen in Leonora's situation.
She has a legal will prepared and will provide enough assets for her daughters to live comfortably when she passed away. Because of this accomplishments, she most likely in the state of Ego transcendence.