Answer:
The correct option is C states that creditors have a higher position in the priority of claims.
Four children possibly around the same age , they are pulling on the toy most likely with the same amount of strength this will act as no force.
Example : If you and I were playing " tug-a-war " and we both pull on opposite sides with the same amount of force no one would move, the rope would be still, because the same force is on both sides of it.
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I really hope that i helped you out a lot :) have a nice day.
Answer:
Having a lower opportunity cost of producing a good relative to that of other countries.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Hence, comparative advantage in production is achieved by having a lower opportunity cost of producing a good relative to that of other countries.
