Society's standard of living will likely increase if True
<h3>What is Comparative advantage?</h3>
Is TRUE that If a society's production possibilities frontier shifts to the right, the society's standard of living will likely increase?
Export goods in which it has a comparative advantage.
Comparative advantage is when someone produces something more cheaply than other competitors in the same market as the firm; however, comparative advantage is not the same as being the best at something.
In this case, a society's standard of living will probably rise if the frontier of its production possibilities shifts to the right.
Products in which it has a competitive advantage are exported.
In an economic model, agents have a comparative advantage over others in producing a particular good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to a trade.
To learn more about comparative advantage, refer
to brainly.com/question/26997143
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Answer: Child labor has changed a lot we as children now have the rights to not work. If somebody tries to make us work they are breaking the law. In Texas it has change a lot you have to be 16 to be put to work.
Why he did what he did.
What did the Pope tell him.(for confirmation)
And how will this effect his role as King.
Answer:
I was late for the bus, but I wasn't worried, because I can run faster than anyone I know.
Explanation:
Answer:
cohesive
Explanation:
Group cohesion: The term group cohesion represents the members of a particular group who work together in a positive environment as well as feels positive about their work.
It can cause both, positive consequences or negative consequences that can often lead to alarming results, same as groupthink.
It causes unity in the different members of a group to work together precisely and satisfy the goals, needs, etc.
A groups' cohesion is being impacted by various factors, for example, trust & member similarity.
In the question above, the statement signifies the evidence about the group being cohesive.
