Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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North Africa or Northern Africa is the northernmost region of Africa. Geopolitically, the United Nations definition of Northern Africa includes seven countries or territories; Algeria<span>, </span>Egypt<span>, </span>Libya<span>, </span>Morocco<span>, </span>Sudan<span>, </span>Tunisia<span>, and </span>Western Sahara<span>.</span>
Answer:
The answer is B...............
Answer:
The American victory convinced France to ally with the United States.
Explanation:
In the battle of Saratoga of 1777, Americans needed aid and asked to form an alliance with France. But the French king was uncertain if they would win. Britain wanted to capture the Hudson river to cut off American communications. They me with Indian natives and fought the American army. Americans captured most of the British army and claimed a victory. It caused many more victories and convinced France to ally with the Americans.
