After the trade the other island has a total of 150 coconuts and 1300 fish.
<h3>What do you mean by the comparative advantage?</h3>
Comparative advantage refers to the maximization of the efficiency of the economy and its well being by focusing on the production of those resources, which country can produce and exports them in the exchange of those goods, which a country does not produce.
One can have the comparative advantage at production if it could produce the goods at lower cost as compare to the others.
Here, both the islands focus only on the making of the thing they're best at doing.
Learn more about the comparative advantage here:-
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The one that fits here is liability. All the debts owed by a business are called liabilities. We can say that is a normal debt or obligations that arise during the course of its business operations. These ones are settled <span>over time through the transfer of economic benefits including money, goods or services.</span>
Answer:
R21,69
Explanation:
Minimum wage is least amount a worker can earn in a particular country according to the legislation of that country.
According to the Employment and Labour minister TW Nxesi, he announced that the National Minimum Wage (NMW) for each ordinary hour worked has increased from R 20,76 to R 21,69 for the year 2021 effective from 01 March 2021.
The NMW legislation came into effect in South Africa on 01 January 2019 at a level of R 20 per hour. In terms of NMW act of 2018, the policy framework is a floor level below which no employee should be paid.
So, <u>the minimum wage in South Africa as at 2021 is R 21,69</u>
