Answer:
A) Jose B) Roberto
Explanation:
Absolute advantage is the advantage when work is given two individuals or producer and provide the same resources, the person who works faster and better can have the absolute advantage.
For example, if my friend is washing 100 dishes in one hour and on the other hand I am washing some dishes in two hours or we can say I am washing 50 dishes in one hour then my friend has more absolute advantage in dish washing skills than me.
Answer: When individuals and businesses are permitted to trade freely over a larger market area, they are able to produce a higher quantity of output and bring in different products.
Explanation: When businesses and individuals trade with one another, they are able to receive more items that they may not have been able to produce themselves. Trading freely allows for more people to have the opportunity to use other products that they can't make in their own country/state.
Answer:
Regulatory agencies set rules for businesses and enforce them while Cabinet Agencies promote business and economic growth
Explanation:
Answer:
The answer is B) Entrepreneurship
Explanation:
