A country has a comparative advantage over another country as regards production of goods when that country is able to produce the goods at lower cost.
What is comparative advantage?
In economic , comparative advantage can be regarded as an advantage that a country get over the other when that country can produce at lower cost.
In the law of demand and supply, it is established that consumer will definitely go for product with lower price.
- Countries that usually specialize as regards comparative advantage usually have a gain from trade.
We can conclude that at lower cost of production , a country will have comparative advantage.
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Answer:
Understanding police history a timeline is discussed below in details.
Explanation:
The evolution of policing in the United States nearly watched the improvement of policing in England. In the ancient settlements policing practiced two modes. It was both simple and cooperative, which is referred to as the private-for-profit guarding or watch, which is called The Big Stick.
The first publicly financed, regulated police organization with officers on service full-time was established in Boston in 1838. Boston was a big shipping trading hub, and affairs had been renting people to defend their assets and safeguard the transportation of assets from the harbor of Boston to other regions.
A conflicts of Interest & Accountability can occur when a when a MCOs provides bonuses to physicians for providing fewer tests.
<h3>What is the role of the MCOs?</h3>
The Managed Care Organizations is an entity that provides financial incentives such as bonuses to physicians for reducing the number of tests, treatments and referrals to hospitals and specialists.
Therefore, the conflicts of Interest & Accountability can occur when a when a MCOs provides bonuses to physicians for providing fewer tests.
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