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

Help meeee pleaseeeeeWhat percent of 110 is 44

What was the renaissance?

A hash function from strings to numbers derives a numerical hash value h(s) from a text string s; for example, by adding up the numerical codes for the characte

Linear equations. Solve the equation: 5 = 3y + 6

Latin settlers __________ Rome on hills along the Tiber River

When 160. mL Fe(NO3)3 solution at 1.50 M and 90. mL Ca(NO3)2 solution at 2.40 M are mixed together, what is the concentration of NO3¯ of the mixture?

Three forces with magnitudes 300 Newtons, 180 Newtons, and 250 Newtons act on an object at angles −30◦ , 45◦ , and 135◦ with the positive x-axis, respectively.

Governmental risk is the chance that political forces may change a country's business environment in ways that lead investors to lose some or all of the value o

271/7 what is the quotient

An object with greater mass has greater inertia. True or false