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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Explanation:
If humans could fly ,there would be traffic lanes ,Sky poliCE and lots of accidents. People would crash into eachother and drop out of the sky onto the ground . Superheros would have the same abilities as regular humans ,allowing us to defend ourselves better .And also while going somewhere we could cover our distance easily and could reach everywhere fast too.Oyr life would be AWESOME!!!!
Answer:
Local Mean Time is the Mean Solar Time for a specific location on Earth. It is the same for all locations that share the same longitude.
Explanation:
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the answer is C because technology nowadays really can improve our live
