Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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Trent's active processing is taking place in workinf memory.
thus, the answer is:
working memory
Our working memory is responsible for short-term memory. There are two types of working memory, the auditory memory and the visual-spatial memory. Our working memory involves the ability to keep information active in your mind for a short time (2-3) seconds to be able to use it for further processing.
This is from Thomas Paine's book Common Sense that was published in January of 1776.
I think that a good word for this would be "enthnocentrism": the belief that one's culture, or one's enthnicity is superior to others, or more important than others (even to oneself: so my culture is more important for me than other cultures: this also would count).
