Answer:
Laura can write more papers than Lisa, but Lisa has a low opportunity cost to doing so.
Explanation:
Absolute and comparative advantage are important concept in the field of economics and trade. These concepts are used to explain the basis of foreign trade.
Absolute advantage refers to the situation when an economic agent can produce a product at better quality, faster and earn more profit than its competitor. It looks at the efficiency of producing a single good or service.
Comparative advantage takes into account the opportunity cost of producing a good or service. The opportunity cost is the cost of sacrificing the alternative.
Absolute advantage means Laura can write more papers than Lisa, but since Lisa has a comparative advantage she has a low opportunity cost to doing so.
Answer:
The himalayas in south asia are an example of convergent oceanic-continental boundary.
The answer to that is:
Birds
Explanation:
The birds let them know that they were close to land.
The answer to the item above is:
False
Statistical discrimination talks about racial and gender inequality based on stereotypes while reverse discrimination refers to discrimination against members of a historically majority, or the advantaged group. Discrimination has a lot of layers that makes it tough for minorities to get a leg up.
