It is growing faster than China
Countries would be able to increase their productivity for the services with comparative advantage. A country then can sell products they produce efficiently and also would buy from other nations the products that they cannot produce. The comparative advantage can lose if there are competitors operating in a low wage country.
Hi, thank you for posting your question here at Brainly.
In order to answer this question, you must have data for the electricity cost. For this example let's follow the electricity cost for USA. According to U.S Energy Information Administration, the an average home costs 12.3 cents per kW-h in January 2017. For consistency, convert year to hours. In a year (365 days), there are 8769 hours.
12.3 cents/kW-h * 0.5 kW * 8769 h = 53929.35 cents = $539.2935
X =4
That’s the answer and I hoped this helped you
