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raketka [301]
3 years ago
11

When and where was the first production of the play Hamlet?

History
1 answer:
geniusboy [140]3 years ago
6 0
1609 in the Globe Theater
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Hi,

If the opportunity cost of producing a particular good is lower for one producer than another, the former producer has comparative advantage for producing the good.

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A comparative advantage occurs when a producer is able to produce goods by using fewer resources at a lower opportunity cost. Increasing the production of one good will mean that less goods for another can be produced. This theory is advantageous in free trade because a producer can be able to realize higher output gains by selling goods in which he or she enjoys comparative advantage.

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Turning point in the French and Indian War

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