Comparative advantage is the profit when the goods are produced at less cost. To increase comparative advantage the opportunity cost must be reduced.
<h3>What are opportunity cost and comparative advantage?</h3>
Opportunity cost is the loss of the potential value and the benefit when an alternative resulting in the harm is chosen over another activity that should have profited.
The comparative advantage is the capacity that the goods can be produced at less cost than the other activities so that it becomes profitable.
Therefore, by lowering the opportunity cost the comparative advantage can be increased.
Learn more about comparative advantage here:
brainly.com/question/19119530
#SPJ1
The monthly payment required to be made is Amortization
Here, we need to calculate the monthly payments that turners must make as a result of the purchase of house with mortgage agreement
Given information are
- Purchased value = $150,000
- Initial down payment = $30,000
- Mortgage interest charged at 9% per year on the unpaid balance.
In conclusion, the monthly payments which is required of turners to make is an amortization because invovles the process of paying off s debt through scheduled installments using component of the principal & interest for calculation.
Learn more about how Amortization here
<em>brainly.com/question/7203729</em>
Answer:
tan enjoys thinking about language and using different forms of English
Explanation:
What do I eat in a daily basis? How much water do I consume in a daily basis?Am I doing enough workouts or warmups before starting I determines fitness because you are preparing for it. hope this helps
O गंगा
नदियों के नाम हमेशा स्त्रीलिंग होते हैं। गंगा एक नदी का नाम है।