I believe it’s called “satisfaction?”.
The area in the world that could be said to have a comparative advantage in oil production is Saudi Arabia
<h3>Who has the comparative advantage in the production?</h3>
If someone can create something for less money than anyone else, they have a comparative advantage. Comparative advantage is different from superiority in a given field.
The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade.
Recall that the potential cost of creating commodities was used to define comparative advantage. Saudi Arabia has a comparative edge in oil production because it makes the fewest sacrifices per barrel of oil. Saudi Arabia has a distinct advantage in the oil industry since it can create it in just one hour.
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Answer: Formal operational stage of cognitive development
Explanation:
Formal operational stage of cognitive development is the level of Piaget's theory of cognitive development where a person is able to generate hypothesis about world and things for answering issues.For solving certain problem, best predictions are made regarding to it in a systematic and orderly manner.
This type of thinking is considered scientific rather than hit and trial method because meaningful ,relatable and valid guesses are made in accordance with the question or problem.Then best way for solving problem is then concluded.
Answer:
The British had won the so-called Battle of Bunker Hill, and Breed's Hill and the Charlestown Peninsula fell firmly under British control. ... Additionally, the high price of victory at the Battle of Bunker Hill made the British realize that the war with the colonies would be long, tough and costly.
Explanation:
