<u><em>The correct answer is option E:
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The country of Rockonya makes 1 television every 5 hours and 1 car every 20 hours, while the country of Jamonia makes 1 television every 24 hours and 1 car every 12 hours. Rockonya has a Comparative Advantage in making televisions.
<em>A comparative advantage </em>of one country over another in the production of a certain good or service is a special facility with respect to a certain key aspect that the first country has more than the second. In this case, the characteristic to be compared is the greater productivity that Rockonya has in the manufacture of televisions.
<em>An absolute advantage</em> takes into account the quantification of a key aspect for the production of a certain good or service without establishing any comparison with another country.
<em>In the example it would be:</em> Rockonya has a productivity of 1 TV per day.
Answer:
Explanation:
Abraham Lincoln was born in humble surroundings, a one-room log cabin with dirt floors in Hardin County, Kentucky. His father, Thomas Lincoln, could not read and could barely sign his name. He was a stern man whom young Abe never liked very much. Himself born to impoverished parents, Thomas Lincoln was a farmer and carpenter who moved the family from rural Kentucky to frontier Indiana when young Abe was seven years old. Thomas built a crude 360-square foot log cabin where he lived with his wife, Abe, and elder daughter, Sarah.
This is a true statement. Victory gardens could be planted at different locations and would be filled with different produce; often this being vegetables or something else. The main reason behind it was that it would serve as an augmentation in the public food supply.
Answer:
citizens elect others to make decisions