Meagan should build the cabinets herself only if she has a comparative advantage in the production of cabinets.
<h3>What is
comparative advantage?</h3>
Comparative advantage can be defined as ability of an individual or business firm to produce goods and services at a lower opportunity cost than their rivals or trade partners.
The most important benefit of comparative advantage is that, it gives an individual or business firm the ability to sell their finished goods and services at a lower price in comparison with its close rivals (competitors) or trade partners. Thus, comparative advantage results in stronger sales margins for an individual or business firm.
In conclusion, Meagan should build the cabinets herself only if she has a comparative advantage in the production of cabinets.
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Answer:
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Explanation:
There is a lot to learn concerning American history. American history during the period of 1820 to 1864 was said to be;
- A time where People were expressing their love for people and nature.
- It is known as an era for romantic stories and poems.
- This was an Age of Reformation period.
- A time of westward expansion.
<h3>American history during the period of 1820-1864</h3>
In this period, People through the joy in their heart created poems and stories of love and an Age of Reformation period.
The development here was known as a time of westward expansion. Here there was the growth of a nationalist spirit, and with the rapid spread of cities.
See full question below
Consider what you have learned about American history during the period of 1820 to 1864. How do the stories in this unit reflect what was going on in the country then?
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