Answer:
Some of the gains from trade shift to Portugal.
Explanation:
The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.
In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.
So, to conclude, Portugal will gain from this trade.
Answer:
midnight
Explanation:
This is because the sun only illuminates half the earth.meaning half the earth will be day and half being midnight meaning at the midpoints of each half will be 12 hour ahead or behind depending on which side of the hemisphere you are going.this means one side will always be 12 hours ahead or behind
Hope this helps and if it does mark as brainliest answer thx
Answer:
If they offer to much iol we wont pay as much for iol and the number will decreased :)
Explanation:
It wouldn’t let me upload normally so I uploaded a picture from my doc. i hope this helps you !!
