Answer:
when country A faces a smaller opportunity cost in the production of certain goods as compared to country B
Explanation:
I'm gonna go with this one because comparative advantage is when a country produces a lot of a particular item but doesn't consume that much because of the amount they are able to produce. They also are able to produce this item at a good opportunity price.
let me know if this helps enough.
Answer:
can be produced and the combinations that cannot be produced
Explanation:
A production possibility frontier is a curve that shows the various combinations of amounts of the two goods that can be produced within available resources and technology.
Thus it shows the boundary between the combinations which can be produced or not.
Example -An economy which produces only the DVDs and the cell phones. All labor, land, capital, and the entrepreneurship which is available are used to produce the two goods. PPF of such economy shows limits to the production with available resources and the technology.
Answer:
North, south, east, west.
Explanation:
Answer:
B- equity and collaboration
Explanation: