Maintain order , provide public service, and enforce decisions that are binding on all of the members of society.
Feudalism started around A.D. 700
Explanation:
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We know that the Western Roman Empire fell in 476 CE, but we're not so sure why. Despite knowledge of events leading up to the fall, historians still debate ..
The correct answer would be option B, Having a lower cost of production than other firms or nations.
Absolute advantage is having a lower cost of production than other firms or nations.
Explanation:
When a firm or nation can produce a product or service with less resources, or at lower cost, than other firms or nations, then this advantage is said to be the Absolute advantage.
When a firm or nation is able to produce a product or service cheaply than other firm or nation, this is called as Absolute Advantage.
We can take an example to understand the concept of Absolute Advantage. India has cheap workforce than Philippines, so India has an absolute advantage over Philippines in the Call Center Sector because India can hire workforce at a cheaper rate which can do the same task as that of the workforce in Philippines.
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It has to be Germany because Spain and Russia can be ruled out and Austria was part of the monarchy
