The nation that has the absolute advantage in peanuts is India.
<h3>How to solve for the absolute advantage of these countries</h3>
a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.
b. This is in the attachment
c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.
The US on the other hand has to specialize in pecans because they have the comparative advantage in it.
d) The PPC for each country is a diagram
e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.
Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.
India is also going to do likewise.
Read more on production possibility curve here:
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Answer:
I'm not sure I'm only in 5th grade what grade are you in? just trying to get points here
Answer:
duuuuuuudeeeeeee
Explanation:
I'm questioning my existence rn
Answer:
I think if its bulk reducing it needs to be placed near the consumer. Bulk gaining needs to be put near the inputs for the product. ALSO for the one one top Weber says its the location of raw materials, location of market, and transportation cost
Answer:
cell, tissue, organ, organ system
Explanation:
is the right structure because cell is the smallest and creates tissues then group of tissues forms organs and a group of organs are organ system