Answer:
changing from good to bad
Explanation:
The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
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It should be noted that in a private club, alcoholic beverages may be served only to D. All of the above.
<h3>What is a private club?</h3>
In a private club, a permit is given that allows the authorization of alcoholic beverages to be stored and possessed on club premises.
Also, in a private club, alcoholic beverages may be served only to and consumed by member, a family member of a club member, and a guest who is brought to the club by a member.
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Answer:
Individuals are the basic building blocks of society, and this chapter examines some characteristics of individuals that are important to this role, including intelligence and will, and defines and elaborates the central concept of identity. A simple model of intelligence is proposed, and a number of factors-both internal, such as our concept of freedom, and external, such as the complex structure of society-influencing its operation are considered.
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