The management of forest and agricultural resources has impacted the environment in South America by causing deforestation and soil erosion.
What is environment?
An environment can be simply defined as a system that includes all biotic or abiotic components that have an impact on human life. All flora and fauna are considered biotic, or living, elements, whereas water, sunlight, air, climate, etc. are considered abiotic. An environment's resources can be any good, service, or feature that benefits people and society. They can be anything that fulfils a person's daily needs. Environmental supplies include food provided by living things and plants, energy used for transportation and cooking, wind, and oil, among others. The environment provides a wide range of goods and services needed to support life. Each resource is valuable and has a certain level of importance.
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The Transcontinental Railroad affected companies that made products because c<span>ompanies could ship goods cheaply over long distances.</span>
Answer:
The correct answer is D. learning to stand alone is part of growing up.
Explanation:
If Austin can produce potato chips at a lower opportunity cost than William, then Austin has a comparative advantage in the production of potato chips.
Comparative advantage refers to a situation in which an individual, business or country can produce a good or service at a lower opportunity cost than another producers or businesses.
In production a lower opportunity cost creates a comparative advantage. So here in this situation a comparative advantage in one good implies a comparative disadvantage in another.
Hence, comparative advantage is the ability of a producer to produce a good or service for a lower opportunity cost than its competitor.
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