According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
<h3>What is production?</h3>
Production can be defined as the process of manufacturing goods or product.
A country can have an advantage in the production of a product over other country when the country is good at what the produce and they are efficient in producing the product because they produce a desired result , with this other country will be attracted to what this country produce.
Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
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Answer: 3
Explanation:
The marginal rate of substitution simply means the rate at which one good will be exchanged for another good based on the current market price.
Since you like servants three times as much as robots, this implies that the utility that one gets from one servant is exactly like the utility that will be gotten from three robots.
Therefore, the utility function will be:
U = 3X + Y
Then, the marginal rate of substitution will be:
= MUX/MUY
= 3
The career planning process has four components: (1) Self Assessment, (2) Career Exploration, (3) Career Identification, and (4) Action Plan. If you're driven, you can easily go through these steps on your own.
The active management of your career and the organized planning of its future are referred to as career planning. Your personality, your skill set, and the role you want to play in your career should all be taken into account, along with the shifting demands of the labour market.
Taking the time to determine your career goals and the path you'll take to them is a crucial step in the career planning process. This approach can be done independently or in collaboration with a career or guidance advisor. The process of career planning can also be started at any stage of your professional life.
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Answer:
c. An emphasis-of-matter paragraph
Explanation:
Based on the information provided within the question it can be said that they would most appropriately identify the change in accounting in an emphasis-of-matter paragraph. This is a paragraph that illustrates the importance of the disclosed information or changes in the financial report, and that it is essential to the user's understanding of the report.
Ethnography is an approach in research, where the subjects are observed in their homes and/or communities.
- Ethnography is a mode of research that is largely used in the fields of Anthropology and Sociology.
- It is a method, wherein, the subjects of the study are not enclosed within an artificial environment, or otherwise known as a laboratory.
- They are studied by being observed in the environment they originate from or belong to.
- This method is specifically useful, while studying various cultures.
- It helps control the unwanted effects of being introduced in a new environment, which could alter the behavior of the subjects of the study.
Therefore, it is clear that Ethnography is the approach in research, where the subjects are observed in their homes and/or communities.
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