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viktelen [127]
3 years ago
9

During a rainstorm, water seeps into the ground. This process is called _____.

Business
1 answer:
zmey [24]3 years ago
6 0
During a rainstorm, water seeps into the ground. This process is called infiltration! There are 6 processes and they are condensation, infiltration, runoff, evaporation, precipitation, and transpiration. 
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Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi
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Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee. 

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

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How does a monopoly's demand for labor shift if a second firm enters its output market and the result is a cournot duopoly equil
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