The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
To learn more about Comparative advantage, refer
brainly.com/question/4302332
#SPJ4
Explanation:
"The development of Nepali sculpture reached it's climax in malla period because as we know malla period is golden period where many sculpture were developed along with metal and stones. most of the renowned sculpture were flourished in Malla period.
The statement is TRUE.
In 1951 Solomon Asch carried out the famous Conformity Experiments, set out to <u>measure the dynamics of group-thinking</u>. He presented his subjects with an extremely simple judgement task with a very obvious answer, joined by a previously prepared group that was told to answer incorrectly on purpose. By making it so simple, it would be clear that any subject that answered incorrectly would be doing it because of group pressure. With this first experiment, <u>Asch proved a correlation between a group's influence on an individual's conformity</u>.
Further trials went deeper into which factors were the most impactful to influence conformity. The results showed that <u>increasing group size</u> by up to three times, <u>raised the conformity levels to 32%</u>. However, larger groups did not impact this number. Applying group unanimity, on the other hand, showed an increase of as much as 80% on the conformity rates.
This clarified how much bigger of an influence unanimity was over group size, meaning it mattered more to an individual if an entire group agreed on something (even if the group was small), over a larger majority's opinion when a group was more split-up.
Hope this helps!
It is more expensive to increase the probability of detection than to increase the fine.
Hope this helps.
Have a nice day.
The correct answer is A) Zimbardo did not use a control group.
The major flaw in the research design of the Stanford prison experiment was that Zimbardo did not use a control group.
A control group was necessary to study a particular variable in prison. He had no alternative group to compare and measure the results of the experiment.
Other mistakes he had were that he was part of the experiment. He participated as the prison superintendent. He was an authoritative figure inside the experiment of the prison and influenced the behavior of his students. He should have a neutral position.
