Answer:
Explanation:
Elizabeth should concentrate on making pie because she has a comparative advantage over Benjamin in pie making while Benjamin has comparative advantage in cake baking.
According to the Ricardian model of comparative advantage, countries should concentrate in the production of goods they have comparative advantage in making and exchange or import goods they do not have comparative advantage in making. This is the basis of trade between nations according to the Ricardian model.
They can say their opinion to let the leader know they also have a point but agree with the leaders decision .
Answer:
Price stability improves social stability by fighting adverse effects of inflation.
Explanation:
Economic stability is essential for a healthy society to keep evolving. Economic crises, of distinct gravity, negatively impact people's lives. A special problem involving economic crises is the inflationary phenomenon. Inflation erodes purchasing power, causing prices to rise in an irrational way, which can lead the economy to collapse. In turn, a collapsing economy causes a serious social imbalance. Therefore, financial stability is a prerequisite for a balanced society.
Answer:
Poor control.
Explanation:
The reason for telling this story is <u>poor control</u>, Kevin lost part of his leg because of it and you are working to improve the care of diabetics. So the impact of Kevin losing part of his leg, is an example of the results of poor control diabetes.