According to the principle of comparative advantage Charles Woodson plays defensive back rather than receiver for the Green Bay Packers because his advantage as a defensive back exceeds his advantage as a receiver.
Option: B
Explanation:
The theory of comparative advantage depicts how a country can produce more goods instead of utilizing less services. In this way advantage of produced goods will be more in comparison with utilized services. When the profit margin exceeds used cost ratio it establish comparative advantage theory.
It is mainly effective in international trade and commerce where many goods are being imported and exported and taxes are collected on the basis of profit margin. Richardo establishes the theory of comparative advantage.
Answer:
England's conquest of America
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There are a number of reasons why a government would increase taxes. I'll name one. If a government needed funding for a new program they would use tax money for it. To achieve this they would increase taxes.
Answer:
The initiative is a power reserved to the voters to propose legislation, by petition, that would enact, amend or repeal a City Charter or Code provision.
Explanation:
- The right of (legislative) initiative is the constitutionally defined power to propose a new law (bill). The right of initiative is usually attributed to parliaments, which in most countries have the right to make law proposals, alone or sharing this right with the government.
- An initiative is the first in a series of actions. Initiative can also mean a personal quality that shows a willingness to get things done and take responsibility. An initiative is the start of something, with the hope that it will continue. Government and business start initiatives all the time.
- The process is termed INITIATIVE because the electorate can initiate legislation. ... The referendum also permits the Legislature itself to refer proposed legislation to the electorate for approval or rejection. The initiative and referendum processes guarantee Washington's electorate the right to legislate.
Answer:
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