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Comparative advantage, economic theory, first developed by 19th-century British economist David Ricardo, that attributed the cause and benefits of international trade to the differences in the relative opportunity costs (costs in terms of other goods given up) of producing the same commodities among countries.
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners. The theory of comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production.
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Answer:
a
Explanation:
the answer is a
"The Great Compromise was an agreement made between large states and small states regarding how much power states would have under the United States Constitution."
-google
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This seems like a writing prompt with no correct answer but ill give an example:
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All families are not the same. One reason that families are not all the same is that not all families have the same amount of people. Some are larger or smaller, or may have more men then women or vice versa. Another reason that all families are not the same is that families have different traditions. Some families might observe cultures that are different then others or maybe none at all. Lastly, all families are not the same as people have different definitions of family. For some, family may be strictly those who relate by blood while for others family could be their pets or people who took them in.
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In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to the owner of that product to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power. The concept originated in Ricardian socialism, with the term "surplus value" itself being coined by William Thompson in 1824; however, it was not consistently distinguished from the related concepts of surplus labor and surplus product. The concept was subsequently developed and popularized by Karl Marx. Marx's formulation is the standard sense and the primary basis for further developments, though how much of Marx's concept is original and distinct from the Ricardian concept is disputed (see § Origin). Marx's term is the German word "Mehrwert", which simply means value added (sales revenue less the cost of materials used up), and is cognate to English "more worth".
Answer: Life, Liberty and the pursuit of Happiness.
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