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:
brainly.com/question/2601596
#SPJ1
Answer:
Beginning
Explanation:
Theres no real explanation I'm sorry...
Answer:
I think the bake sale would be better because, if one we're to do a car wash they may not know how to wash a car and selling baked goods is WAY easier than a car wash. A car wash can be bad depending on the weather and the bake sale. So I would chose the bake sale, it's easier, faster and much more.
Explanation:
want a short speech?
A data steward is a role within an organization responsible for utilizing an organization's data governance processes to ensure fitness of data elements