A country has a comparative advantage over another country as regards production of goods when that country is able to produce the goods at lower cost.
What is comparative advantage?
In economic , comparative advantage can be regarded as an advantage that a country get over the other when that country can produce at lower cost.
In the law of demand and supply, it is established that consumer will definitely go for product with lower price.
- Countries that usually specialize as regards comparative advantage usually have a gain from trade.
We can conclude that at lower cost of production , a country will have comparative advantage.
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Brian thinks that the government’s new law is a good idea while the Pena family is wary of the new law.
<h3>How to illustrate the information?</h3>
From the information, Brian thinks that the government’s new law is a good idea because it will reduce the pollution that has had a negative impact on his family. On the other hand, the Pena family is wary of the new law. It will be expensive for them to comply with it.
They worry that they will have to lower their other costs to meet the cost of compliance. They will either have to donate less to charities or lay off some of their employees.
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<u>Complete question:</u>
Brian and his family have lived next to a factory for more than 15 years. Brian works at the factory. Although he finds it convenient that his workplace is within walking distance, he’s worried about the negative effect of the pollution caused by the factory on his family. His children have developed asthma, and he and his wife consistently get respiratory illnesses every year. Last night, he saw on the news that the government has just passed a law that limits the amount of pollution every factory in his state can emit. Brian is hopeful now that his family’s health will begin to improve.
Situation 2
The Peña family has owned the local factory for generations. The Penas believe they are good corporate neighbors. They employ many people from the neighborhood, pay their taxes in full and on time, and donate to many charities. When they hear that the government has passed a law that requires companies to limit the amount of pollution they emit, the Penas get a little tense. They realize that it will cost them a huge amount of money to bring their factory into compliance. This expense will make the factory less profitable for them. To offset that loss of profit, they may have to donate less to the charities. They also worry they will not be able to employ as many people.
How do the attitudes of Brian and the Pena family toward the new law differ?
Magna Carta, which means 'The Great Charter', is one of the most important documents in history as it established the principle that everyone is subject to the law.
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Explanation:
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The equality before the law is the primary focus of the Magna Carta. Magna Carta still has a great respect in the legal communities of British and Americans. The legal fraternity’s term this has one of the supreme constitutional documents of all times which laid the foundation of freedom for the individual.
The US Constitution is one oldest constitution which has a major influence of the Magna Carta and formulation the legislation on the basis of the rights of the individuals, right to justice and right to have a fair trial.
The answer is 60
Thank me later bro i hope you pass!!
I think C she should send her email to her teacher
