Answer:
oh
Explanation:
I was going to say what you say dont so sorry have a good day though
The correct answer would be option B, Having a lower cost of production than other firms or nations.
Absolute advantage is having a lower cost of production than other firms or nations.
Explanation:
When a firm or nation can produce a product or service with less resources, or at lower cost, than other firms or nations, then this advantage is said to be the Absolute advantage.
When a firm or nation is able to produce a product or service cheaply than other firm or nation, this is called as Absolute Advantage.
We can take an example to understand the concept of Absolute Advantage. India has cheap workforce than Philippines, so India has an absolute advantage over Philippines in the Call Center Sector because India can hire workforce at a cheaper rate which can do the same task as that of the workforce in Philippines.
Learn more about absolute advantage at:
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Answer:
Libertarians seek to maximize autonomy and political freedom, emphasizing free association, freedom of choice, individualism and voluntary association. Libertarians share a skepticism of authority and state power, but some libertarians diverge on the scope of their opposition to existing economic and political systems.
Explanation:
The powers that the framers of the Constitution felt existed and were expected to be held by the national government due to historical precedence and common practice were called inherent.
Answer:
Mayan, Aztec, and Incan Civilizations:Question 1
Due to the Aztec's values, they sent their children where?
Select one:
School to get an education
Home to support their families
War to increase their land
Farms to work and gather more food
Explanation:
Mayan, Aztec, and Incan Civilizations:Question 1
Due to the Aztec's values, they sent their children where?
Select one:
School to get an education
Home to support their families
War to increase their land
Farms to work and gather more food
