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:
<em>Timid Bigot</em>
Explanation:
<em>Robert King Merton</em> was an American sociologist, he specialized in developing notable theories and typologies revolving around human behavior.
According to his typology of prejudice and discrimination, he referred to a timid bigot as an individual who is prejudiced but fears discrimination because of pressure from society.
Answer:
B. Facts from a documentary about mechanical and artificial hearts
That statement is True.
According to Erikson, most children in early childhood tend stared to develop a sense of control toward their environment (doing initiatives to achieve something) and would start to develop the emotion of Guilt if the initiatives that they take do not gain approval from the adults around them.