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telo118 [61]
3 years ago
13

Which situation is an example of comparative advantage?

Mathematics
2 answers:
jeka57 [31]3 years ago
5 0
A country decides to create goods at half the cost of another country
vodka [1.7K]3 years ago
4 0
The situation that <span>is an example of comparative advantage is </span><span>"a country decides to create goods at half the cost of another country".

</span><span>Comparative advantage is an economic law referring to the ability of a country to produce goods and services at a lower opportunity cost than other countries.</span>

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You and your friends decide to go to the movies. Each movie, m, costs $10. If each movie costs $10. What is the total cost for a
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Please help me with this. Use the combination method of substitution to solve. Please show and explain work. Thanks.
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Answer:

x = 25.35 (or 2129/84) and y = 4334.04 (or 121353/28)

Step-by-step explanation:

The given equations are set up and ready to go with substitution. Simply just plug in the first equation to the second equation as both are equal to y.

Step 1: Replace y in <em>y = 87x + 2129 </em>with <em>171x</em>

171x = 87x + 2129

Step 2: Subtract 87 x on both sides

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Step 3: Divide both sides by 84 to get x

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To get y, simply plug in x into one of the 2 original equations. In this case, I will use the first equation:

y = 171 (25.35)

y = 121353/28 or 4334.04 (rounded)

You can check your work by plugging both solutions into the calculator and see if they equal each other. The values for these answers are solely based on the equations, so if you write the <em>equations </em>wrong themselves, then that means you have the values wrong as well.

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Read 2 more answers
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