While protecting a house, the risk management strategy that can be used by an individual is
- to set up a security system
- the installation of cameras at the front door and porch of the house.
Options A and B is the correct answer.
<h3>What is risk management?</h3>
Risk management is a process where a person tries to mitigate the risks in every possible way.
- The risk management strategy which can be utilized by an individual for protecting his/her house is to put a security system like handprint locks, alarms, etc. which will alert the individuals of the house if any criminal or thief tries to enter the house.
- Another way is to install the hidden cameras outside the house, especially at the entrance, which helped the individual to track the activities going outside the house.
Therefore, the individuals can protect their homes by installing the cameras on the front door and setting up a security system that could be used as a risk management strategy.
Learn more about the risk management in the related link:
brainly.com/question/4680937
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<span>Grassroots lobbying, so called because it is carried out on the most basic level, includes urging group members to contact legislators. Such an action is designed to convince legislators of the breadth of concern and attention for a given issue on the part of private individuals.</span>
Answer:
Correct option:
an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
Explanation:
If a country has
- an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that good.
- an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
- a comparative advantage in production of a good, it must also have an absolute advantage in producing that good.
- an absolute advantage in producing a good, it definitely will not have a comparative advantage in producing that good.
- None of these answers is correct.
the absolute advantage refer to the quantity of output of a certain good.
if country A does 100 and B 50
then, A has an absolute advantage as it can out produce B
the competitive advantage will when the opportunity cost of making a cartain product is lower than the other.
If A can do 500 of anther goods
while B can do 50
then the comparative advantage favors B
as it cost 50 /50 = 1 good to produce the produce
while for country A it cost: 500/50 = 10 goods to produce it.
GIven this analysis, the option B will be the correct
a country with an absolute advantage might or might nothave a comparative advantage as well.
C :) i say this because it sounds more realistic
