This is a key idea with international trade. This involves what is known as comparative advantage.
let's say country A can produce a ton of soybeans in 4 hours and a ton of corn in 2 hours. While country B can produce a ton of soybeans in 15 hours and a ton of corn in 5 hours.
Looking at this set up you can see that country A can produce both corn and soybeans faster, so they have an absolute advantage in both!
However what trade is based on is opportunity cost. So if we think about how much corn country A has to give up to produce soybeans, they have to divert a total of 4 hours from corn to soy beans to produce one ton of soy beans. That 4 hours could be used to produce 2 tons of corn (since 2 hours for 1 ton and we're taking away 4 hours!). So opportunity cost of soybeans in country A is 2 corn.
In country B they would need a total of 15 hours to produce one extra ton of soybeans, but those 15 hours could instead be used to produce 3 tons of corn (5 hours per ton and we're stealing 15 total hours). That means country B's opportunity cost is 3 corn.
Since A has a lower opportunity cost in produce soybeans they will specialize and B will specialize in corn.
The tool that could help you make your first video ad using these is Video Creation Tools in Ads.
You may easily make a video online free of charge using a web video maker tool like Visme. Begin with a template that has the structure you're seeking out, replace the content, emblem the layout, and adjust any elements you want to change.
Adobe Rush is an incredible social media video maker for influencers, creators, and small organizations. It's a complete video enhancing software that makes audio blending, movement snap shots, and video modifying a breeze.
Adobe explicit is the whole lot you need to create a video; we actually have instance films. Adobe express is net-based totally and completely free, so there may be no restriction to the variety of tasks you could create.
Learn more about the Video Creation here: brainly.com/question/26957083
#SPJ4
Look on tiger algebra it answer all kinds of questions like this there is even professional to help you with these tours of things
Recording , tracking.....
Answer:
Margin of safety= $4,257
Explanation:
Giving the following information:
The breakeven point in units is 3,400, and the expected sales in units are 4,500.
First, we need to determine the dollar amount of sales:
Break-even point= 3,400*3.87= $13,158
Current sales= 4,500*3.87= $17,415
Margin of safety= (current sales level - break-even point)
Margin of safety= 17,415 - 13,158= $4,257