Answer
Hi,
If the opportunity cost of producing a particular good is lower for one producer than another, the former producer has comparative advantage for producing the good.
Explanation
A comparative advantage occurs when a producer is able to produce goods by using fewer resources at a lower opportunity cost. Increasing the production of one good will mean that less goods for another can be produced. This theory is advantageous in free trade because a producer can be able to realize higher output gains by selling goods in which he or she enjoys comparative advantage.
Best wishes!
Answer:
A - infrastructure!
Explanation:
Brainliest please! hope i helped
Answer:
Explanation:
It looks like the top one is the milky way. All three of these look like space to me. Hope this helps give you an idea to answer these.
Answer:
B. When there is only one business is a specific trade.
Explanation:
Answer:
John Jay's Treaty, 1794–95 The treaty proved unpopular with the American public but did accomplish the goal of maintaining peace between the two nations and preserving U.S. neutrality. Tensions between the United States and Britain remained high after the Revolutionary War as a result of three key issues.
Explanation: