Answer
Hi,
If the opportunity cost of producing a particular good is lower for one producer than another, the former producer has comparative advantage for producing the good.
Explanation
A comparative advantage occurs when a producer is able to produce goods by using fewer resources at a lower opportunity cost. Increasing the production of one good will mean that less goods for another can be produced. This theory is advantageous in free trade because a producer can be able to realize higher output gains by selling goods in which he or she enjoys comparative advantage.
Best wishes!
Answer:
The jobs relating to mass business paved the way for a global economy that is present today; the presence of mass business throughout the continent, even the world, blossomed thanks to the steam locomotive.
Explanation:
For example, British iron production increased nearly 2,500% from 1796 to 1854, evidently due to the invention of the steam locomotive.
The most likely conclusion is that writing was created in response to the technological development of the society. Writing is a direct consequence of that.
Explanation:
Hitler wants to take every Europe country