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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Answer:
One gains trust from others.
This is actually the unit I am on right now. These interest will see to that their wants and needs are put into the policy. Brainliest please.
Rich black soil also referred to as “The gift of the nile” they also believed the river flooded from the tears of the goddess Iris as she cried over the death of her husband Osiris.
Answer:
Elaborative rehearsal
Explanation:
Elaborative rehearsal: In psychology, the term elaborative rehearsal is defined as a phenomenon that is responsible for encoding particular information into an individual's long-term memory with the help of brain-processing that information in depth.
It helps an individual to make an association or connection between a piece of information that he or she is trying to learn and the formerly present information in his or her memory.
It encompasses deep semantic processing of a piece of information yet to be remembered that leads to the development of durable memories and it is considered as more effective as compared to maintenance rehearsal.
In the question above, the given statement signifies the importance of elaborative rehearsal.
