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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The answer is empathy.
Empathy is the ability to share the feelings of others and enable us to act in a positive manner towards those who are suffering/are vulnerable.
Answer:
psychographic segmentation
Explanation:
Psychographic segmentation in marketing has to do with market division into segments based on consumer's different characteristics of human behaviour. It is one of the methods of segmentation other than demographic, behavioural, and geographic segmentation. Psychographic segmentation divides market focused consumers based upon different personality traits, values, attitudes, interests, and lifestyles of consumers.
Answer:
B
Explanation:
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