The meaning of the phrase ceteris paribus to an economist is: <span>A.an assumption that nothing but the price of an item will change
If translated, ceteris paribus means </span><span>"other things equal". This principle often used to predict the flow of supply and demand but it has a really huge flaw because other factors such as consumers' taste and technology development could almost never be predicted.</span>
Comparative advantage is the profit when the goods are produced at less cost. To increase comparative advantage the opportunity cost must be reduced.
<h3>What are opportunity cost and comparative advantage?</h3>
Opportunity cost is the loss of the potential value and the benefit when an alternative resulting in the harm is chosen over another activity that should have profited.
The comparative advantage is the capacity that the goods can be produced at less cost than the other activities so that it becomes profitable.
Therefore, by lowering the opportunity cost the comparative advantage can be increased.
Learn more about comparative advantage here:
brainly.com/question/19119530
#SPJ1
The two details from "rip van winkle" that convey this theme.
- The Van Winkles’ relationship is tense because Rip does little to support his family.
- The author uses humor to describe Rip’s aversion to work, creating a contrast between his behavior and society’s expectations.
- Rip Van Winkle according to the story is a man who does not love working at all even though he was a kind and nice man.
- For any man with a family, self reliance is one key factor that would move the home forward. The family relies on the man of the house to work and take care of the home and if He is not doing that, he can never be relied up
- The society do frown at laziness and expect the best from everyone. but that was not the case with Van, He was lazy and hates working.
Conclusively, we can say that the Van Winkles’ relationship is tense because Rip does little to support his family and the author uses humor to describe Rip’s aversion to work, creating a contrast between his behavior and society’s expectations conveys what the theme mean
Learn more from
brainly.com/question/24700770
Answer:
A theorem in geometry states that the measure of an inscribed angle is half the measure of its intercepted arc.
C pizz sales are affected by popular diets