The nation that has the absolute advantage in peanuts is India.
<h3>How to solve for the absolute advantage of these countries</h3>
a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.
b. This is in the attachment
c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.
The US on the other hand has to specialize in pecans because they have the comparative advantage in it.
d) The PPC for each country is a diagram
e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.
Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.
India is also going to do likewise.
Read more on production possibility curve here:
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Stress management-managing your sense of personal well-being.
failing to accept responsibility for mistakes.
Answer:
The standard unit used to measure energy and work done in physics is the joule, which has the symbol J. In mechanics, 1 joule is the energy transferred when a force of 1 Newton is applied to an object and moves it through a distance of 1 meter. Another unit of energy you may have come across is the Calorie.
Explanation:
Answer:
1. Farmers markets ⇒ Local Food Movements
Local food movements aim to connect consumers and farmers of the same locality such that the local economy grows, consumers get fresh food and the farmers get to sell their produce. Farmers markets are a broad feature of these movements.
2. Free range chickens ⇒ Value-added speciality crops, organic farming.
Free range chickens are allowed to graze for themselves instead of being fed industrial food. This means that they were farmed organically.
3. Food subscription services ⇒ Community-supported Agriculture.
Community-supported agriculture works by connecting consumers and farmers such that the consumers can subscribe to the farmer's harvest.
4. People not having a grocery store near them to get fresh food ⇒ Food Desert.
As the term implies, a people in a food desert will be unable to get fresh food in their area because much like a desert which lacks certain resources, their area lacks food.
5. Growing plants on a rooftop in the city ⇒ Urban Farming.
Some people have taken to urban farming where they farm in the cities and towns. As these areas do not have enough areas to farm, people have had to improvise and rooftop farming is one of the ways they did.
6. When coffee plantation workers in LDCs get more money for their coffee products in better working hours/conditions ⇒ Fair Trade.
Farmers getting paid the right or close to the right wages for the work they put in especially from Less Developed Countries (LDC) means they are getting a fair trade because they are receiving enough or close to enough compensation for their work.
