Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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Answer:
One of the reasons that it fell was the use of violence by the
Roman elite. After the attempted (mainly agrarian) reforms of theGracchi brothers, Tiberius and Gaius in the 130s to 120s BCE,
Explanation:
Answer:
I'm no good at geometry. Whenever I answer questions wrong in class, the teacher looks at me like I'm stupid and other students laugh at me
Explanation:
As developed by Charles Horton Cooley in 1902, the looking-glass self is a social psychological concept suggests that a person's self "judgement" is developed out of society's interpersonal interactions and the perceptions of others. In other words stating that we develop our self based on the judgements of others. This is reflected in the statement above
where the student believes he is "no good at geometry" because others laugh and believe he is "no good at geometry"
The answer is <span> Margaret Mead
Margared Mead choose the samoan civilization because they're secluded for the rest of the culture in that time (1925)
Her study showed that compared to western adolescents, Samoan Adolescents are far less stressful because they felt no restrictional standards that found in western society.</span>
