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Naya [18.7K]
3 years ago
5

Why was Louisville picked as the state capital of Georgia in 1796? Check all that apply.

Social Studies
2 answers:
kondor19780726 [428]3 years ago
4 0

Answer:

B,C,and D

Explanation:

I just answered it on edgenuity.

Luda [366]3 years ago
4 0

Answer:B,C,E

Explanation:

Cuz I did the assignment

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Assume labor and capital are the only two inputs. Digitopolis is a capital-abundant country that produces personal computers and
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Answer:

Following the Ricardian Model of Comparative Advantage, <u>both Digitopolis and the labor-abundant country will specialize at producing  what each does best, according to its factors endowment.</u>

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Explanation:

The Ricardian Model of Comparative Advantage assumes that countries benefit from international trade as they will specialize in producing goods where they hold comparative advantage, that is, where their opportunity cost is lower. The opportunity cost describes the trade-off between choosing to produce one good or the other based on inputs availability and efficiency. In this case, capital is abundant in Digitopolis, so it is evident that the opportunity cost of shifting output to a capital-intensive industry (computers) will be less than producing labor-intensive goods (fax machines).

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