Society's standard of living will likely increase if True
<h3>What is Comparative advantage?</h3>
Is TRUE that If a society's production possibilities frontier shifts to the right, the society's standard of living will likely increase?
Export goods in which it has a comparative advantage.
Comparative advantage is when someone produces something more cheaply than other competitors in the same market as the firm; however, comparative advantage is not the same as being the best at something.
In this case, a society's standard of living will probably rise if the frontier of its production possibilities shifts to the right.
Products in which it has a competitive advantage are exported.
In an economic model, agents have a comparative advantage over others in producing a particular good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to a trade.
To learn more about comparative advantage, refer
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JAPAN uses geothermal power and pledged to be fossil fuel-free by the year 2050
Currently there are 6 Geothermal Power stations in Japan and they plan to keep increasing the amount until it enough to generate power for the whole country, and Japan's former prime minister, Shinzo Abe, encourage other countries to do the same
Starbucks and Disney both once faltered in their marketing efforts. this was because they were too focused on growth and lost sight of their customers.
<h3>What is meant by marketing?</h3>
This is the term that has to do with all of the ways that a company would have to create awareness for their products so that they can get a consumer base for the products.
The consumers that make use of the products in the market have to be of a priority to the company so that they would have an already established market for the products that they bring in.
Read more on marketing here:
brainly.com/question/25369230
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<span>Which body of water lies closest to Georgia's capital?
The Chattahoochee River </span>
The architecture of Mesopotamia is ancient architecture of the region of the Tigris–Euphrates river system
