Answer:
The abacus was used for Counting and adding numbers. An abacus was used for math.
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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The two countries located on the Iberian Peninsula include Spain and Portugal.
Answer:
<h3>both Jan and Duncan are liable on the contract for the purchase of land.
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Explanation:
- A contract can be signed by an agent on behalf of an authority if the intended nature of the contract remain the same.
- This type of contract signing usually takes in the corporate sector where the head of a firm may hire an agent to sign contracts on behalf of the firm.
- When contracts are signed by an agent on behalf of the employer, both the agent and the employer becomes liable to the contract as agents represent the principal/employer.
Answer:
president can veto
Supreme Court can declare it unconstitutional
