Answer:
If an economist argues that everyone gains from trade, the following reasoning is most likely underlying her argument:
- Production according to the principle of comparative advantage lowers overall costs and therefore allows both countries to have a higher standard of living.
Explanation:
- The comparative advantage refer to the situation in which an individual, company or a country offers its services and products at a lower rate as compared to its competitor. This leads to trade-off as you have to comprise for the gain of something.
- This comparative advantage also increase the dependencies of nations or companies on each other.
- For example, England and Portugal has benefited from this comparative advantage concept as England get the wine at lower cost from Portugal and Portugal also get earning by selling this wine to England.
I would say all all of them that doctor don't recommend.
Answer:
More accessible goods
An increase in international trade
A rise in regional Jobs
The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.
- Let the number of bananas be B.
<u>Given the following data:</u>
<u>Note:</u> A dozen oranges is equal to 12 oranges.
To determine the number line that best represents the number of bananas Joey purchased:
First of all, we would calculate the number of bananas that Joey purchased:
B = 9 bananas.
<u>For the </u><u>number line</u><u>:</u>
The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.
Read more: brainly.com/question/13553589
Price and quality exist positively correlated. A drastic fall in the price of a necklace shows a drastic fall in its quality.
<h3>
What is price?</h3>
A price exists as the quantity of payment or compensation provided by one group to another in return for goods or services. In some situations, the price of production has various names. If the product exists as a "good" in the commercial exchange, the payment for this product will likely be named its "price".
A positive correlation exists as a connection between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable declines or one variable increases while the other increases. A positive correlation indicates that both variables change in the same direction. A negative correlation indicates that the variables change in opposite directions. A zero correlation signifies there's no association between the variables.
Price and quality exist positively correlated. The price of a product stands as a good indicator of its quality. You always have to spend a bit more for the best. The marketing literature has managed the usage of price as a surrogate for quality as a decision-making heuristic. That exists; the higher the price, the higher the quality.
Therefore, a drastic fall in the price of a necklace shows a drastic fall in its quality.
To learn more about positive correlation refer to:
brainly.com/question/17104826
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