Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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To obtain land you had to be working as craftsman, or another person who sells things or a person who works in the Government.
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Answer:
Jargon
Explanation:
A Jargon is specific term used by people in a certain field. The terms used are only understood by the people in the specific field and not understood by the others.
Here, the terms adware, biometrics, and dongles used by Seth is jargon that is used by people in the field of computers. The people in the audience do not work in the field of computers hence do not understand the terms and feel uninterested to the speech.
Answer: D.The size of the beaver population will increase.
Explanation:
Answer:
a. Slow down and allow him to pass
Explanation:
Since you are driving at the speed limit, you can not speed up to get out of his way. The other driver has more speed limit, and hence, he wants to pass you. If you slow down your speed he can pass and a possible accident could be avoided. Refusal to allow pass results, in most cases, a sense of jealous competition, which also could result in a fatal accident, or blowing to warn also could be irritating for another driver, who could take it as umbrage and will drive even faster in pursuit. A judicious decision is to slow down your car and allow him to pass.
