lexyjasmin6386 lexyjasmin6386

04-09-2019
Business

contestada

The ability of one person or nation to produce a good at a lower opportunity cost than another is called a(n) ________ advantage.

Respuesta :

PGAMUKAMA PGAMUKAMA

07-09-2019

Answer:

Comparative

Explanation:

Comparative advantage arises when a person or nation is able to produce goods or render services at a lower opportunity cost than other persons or nations respectively. It is important for countries to produce commodities for which they have a comparative advantage in order to derive the benefits of free trade.

Answer Link

Otras preguntas

a + 2c − 5b − c + a − b

a regular polygon has a interior angle of 150 ? how many sides does it have

Which statement best reflects the theme of all three creation stories — Adam and Eve, Prometheus and Pandora, and Frankenstein? A.There is always a battle betw

A race track is in the form of a ring whose inner circumference is 157 m and outer circumference is 314 m. Find the area of the track.

A model of a sports car is 3.5 inches long . If the actual car is 14 feet long , find the scale model

In which of the following situations would paraphrasing be considered both useful and ethical? a. you don't fully understand what the author is saying. b. you

The difference of 2 numbers is more than 12, and one of the numbers is 3....... Then solve

I need to know how to round to the nearest hundredth in the number 1.120

Which author is normally responsible for sharing reprints of a publication with readers?

What are some strategies that you can use when agreeing to a contract to protect yourself?