What can a producer gain by specializing? Absolute advantage
When someone specializes in their field, they being an expert in that subject. Absolute advantage is the ability of a person or group to carry out an economic activity better than another. If someone focuses on it and specializes in one area, they are more likely to create an absolute advantage in that area.
Answer:
c. focus on the effects of only one change at a time.
Explanation:
An economic model is a theoretical<em> (mathematical or not) </em>construct used to explain or make predictions about economic behavior, its goal is to <em>simplify complex processes</em> to understand economic issues. <em>It uses variables to study an specific change at a time.</em>
I hope you find this information useful and interesting! Good luck!
Because no one knows it's value....
ah no
it's because no one considers its value because of it's high and ease of availability
Few more points we consider it as a hidden resource
- It contains hidden resources like coal, petroleum.......
- It contains minerals, proteins which helps for growth of vegetation
- It contains water ( A major source)
- We extract elements like IRON, ALUMINIUM,...... from earth
- All these are hidden to naked eye
- Soil has memory also
- Soil is a solid foundation for the super structures we built
I hope you like it
This answer is from my perspective, just consider it if you realize and you like it.
Thank you ;))
<span>The first responders course describes many best practices. which one of these best defines the term best practice
</span><span>are a set of highly recommended tips and tricks born of repeated and ongoing expertise in a specific subject matter</span>
