What is comparative advantage Mcq?

Answers

Answer 1

When a nation can manufacture goods and services for less money than other nations, it is said to have a comparative advantage. False. When a nation can manufacture something with lower opportunity costs than other nations, it is said to have a comparative advantage. A prime example of an absolute advantage would be lower costs.

What is the nation?

Although the phrases nation, state, and country are sometimes used interchangeably, there is a distinction between them. A state is a self-governing political entity (notice the capital "S"). Country and State are both interchangeable terms. However, a nation is a closely-knit community of people who share a culture.

A country has a comparative advantage if it can produce a good or service at a lower opportunity cost than other nations. David Ricardo was the author of this economic theory. Although it was initially used in global trade, it can be used at any level of business.

Therefore, When a country can produce goods and services at a lower cost than other nations.

Learn more about the nation here:

https://brainly.com/question/27126152

#SPJ4


Related Questions

A mental health disorder is most likely to emerge ______.

Answers

Answer:

Damage in spinal cord or medulla oblongata

Varying activities gives everyone a chance to have fun and to be more successful. please select the best answer from the choices provided. T/F?

Answers

Answer: True

Explanation:

What was Justice Harlan's main point for disagreeing with the majority opinion?

Answers

The "separate but equal" theory was created in the Plessy v. Ferguson judgment, which Justice Harlan dissented from. A Louisiana legislation requiring railroad firms to offer "separate but equal" facilities for white and black passengers was affirmed in this case by the majority judgment.

The "separate but equal" theory, according to Justice Harlan, is inherently discriminatory and violates the Equal Protection Clause of the 14th Amendment to the United States Constitution. He thus disagreed with the verdict reached by the majority.

He said that the law could not be justified since it applied equally to both white and black residents because it was intended to maintain the inferiority of black individuals.

Justice Harlan's dissenting opinion is regarded as a powerful defense of the idea of color-blind justice and has influenced the development of American civil rights legislation.

To learn more about Justice Harlan's

https://brainly.com/question/18128373

#SPJ4

How do I get a Selective Service exemption letter?

Answers

To obtain a letter of exemption from Selective Service you must call the official numbers for assistance with your application.

How do I obtain a Selective Service exemption letter?

The selective service corresponds to an American agency that contains information about citizens who are subject to being recruited for military work, with possible exemption in cases where the impossibility of the individual's participation in such a program is proven.

If the citizen decides to try the exemption, he should find out which supporting documents are accepted to proceed with such a request, finding the list on the official websites. Therefore, it is necessary for every American citizen to have information about their rights and duties related to military service, being up to date with their legal responsibilities in this matter to avoid fines and other punishments.

Find out more about Selective Service on:

https://brainly.com/question/23753695

#SPJ1

One of the two aspects of the measure of bicultural identity integration (bii) is the degree to which bicultural individuals

a. True
b. False

Answers

One of the two aspects of the measure of bicultural identity integration (bii) is the degree to which bicultural individuals see their two cultures as distant from each other.

The above statement is True

Individuals are considered bicultural if they speak both their heritage cultural context's language and their receiving cultural context's language, have friends from both cultural backgrounds, and watch television programs and read magazines from both cultural contexts.At least three characteristics distinguish bicultural people. First, they participate in the lives of two or more cultures to varying degrees. Second, they adapt their attitudes, behaviors, values, and so on to these cultures, at least in part. Third, they combine and blend elements of the various cultures involved.

To know more about Culture here

https://brainly.com/question/22514949

#SPJ4

write a short note on ragi

Answers

Answer:

Finger Millet

Explanation:

Finger Millet, also known as Ragi is an important millet grown extensively in various regions of India and Africa. Its scientific name is Eleusine coracana. It ranks sixth in production after wheat, rice, maize, sorghum and bajra in India.

How do you deal with change in friendship?

Answers

Answer: You communicate with your friend about the changes you've seen. If you can reconcile these changes then it would be best to do so and stay friends. If not, it might be time to cut it off.

Explanation:

Answer: 1.Give it some time try it if you don't like it then tell them nicely that you would not want to be friends anymore than explain and see if it changes anything. Maybe she/he will change back to how they were and your friendship will be back to were it was.

2. Talk about how you feel and tell them what you think and if they don't like it everything will be okay. Let them be them.

Hope this helps!!

What are the most important challenges to women's rights?

Answers

There are still issues to be resolved, such as ensuring equitable access to economic and educational opportunities and ending gender-based violence.

Why are individuals opposed to women's rights?

Most women, according to anti-suffragists, did not desire the right to vote. They said that women did not have time to vote or follow politics since they had to take care of the house and the kids. Some claimed that women lacked the knowledge or the capacity to think critically about political matters.

What difficulties did the women's movement confront after becoming independent?

The women's movement has focused on a wide range of issues in the post-independence era, including dowry, women's employment, rising costs, land rights, political participation of women, Dalit women and other marginalized women's rights, spreading fundamentalism, women's representation in the media, etc.

To know more about  challenges women's rights visit:-

https://brainly.com/question/4407148

#SPJ4

What are the 5 claims of globalization?

Answers

Core truth of the globalization ideology include the following: (1) Liberalization and global integration  (2) Globalization is inevitable and irreversible; (3) Nobody is in control of Globalization; (4) Globalization benefits Everyone; (5) Globalization Advance.

In simple terms, what is globalization?

The process by which commodities and people can travel freely across borders is known as globalization. The integration of markets, commerce, and investments with few obstacles to the movement of goods and services between states is the concept's economic underpinning.

In order to gain access to more products, services, and consumers as well as to a more competitive market position with reduced operational costs, enterprises must go global.

To know more about globalization visit:

https://brainly.com/question/15283031

#SPJ4

What is the basis for classification?

Answers

Every classification scheme has a foundation upon which it is built. Some people are more organized and methodical than others. The basis for classification is determined by the classification's purpose.

The geologic elements critical to finding similar traps serve as the foundation for this scheme. Several classification schemes were examined and, where appropriate, used as the foundation for developing the proposed trap classification scheme. The biological classification scheme used to catalog and describe plants and animals was of particular interest. This system, first proposed by Aristotle and then expanded and improved by Linnaeus, has stood the test of time. Despite the fact that competing schemes have been proposed and that modifications to the scheme are the subject of ongoing debate, the scheme has proven to be a valuable method of organizing and studying organisms.

To learn more about basis for classification here:

https://brainly.com/question/20066589

#SPJ4

A company will debit ______ while recording a credit sale at the time of the transaction.

Answers

A company will debit Accounts Receivable while recording a credit sale at the time of the transaction.

To record a credit sale, you debit the customer receivables account and credit the sales revenue account. The journal entry would debit the accounts payable and credit the inventory.   The double-entry recordkeeping system guarantees the precision of financial records by recording each transaction twice. Since the offsetting side of the journal entry is a debit - usually to the cash or accounts receivable account - sales are recorded as a credit. In essentially, the debit rises one of the current assets, while the credit grows the equity of the shareholders.

Learn more on company

https://brainly.com/question/27197631

#SPJ4

What does it mean that you have to be a Citizen for at least 7 years to be a member of the House of Representatives?

Answers

The founders sought to find a balance between keeping the House of Representatives near to the people and avoiding foreign intervention in domestic politics by requiring that a person be a citizen for at least 7 years.

How are members of House of Representatives appointed?

According to Article I, Section 2 of the Constitution, the distribution of House of Representatives seats among the states is based on population, as measured by the census that is taken every ten years. Regardless of how few people live there, every state has a right to at least one representative. Up until it fixed the number of voting House members at 435 in 1911, Congress frequently adjusted the membership of the House to reflect population growth. Following the entrance of Alaska and Hawaii in 1959, the population temporarily rose to 437; four years later, following the reapportionment as a result of the 1960 Census, the population fell back to 435. Territories and the District of Columbia are not given representation under the Constitution.

The District of Columbia, Puerto Rico, American Samoa, Guam and some others are represented by a single non-voting delegate. The duty of the resident commissioner from Puerto Rico is the same as that of the delegates from the other territories, with the exception that they are elected for a four-year term. The five delegates and resident commissioner are permitted to take part in debates; prior to 2011, they were additionally permitted to cast votes in committees and the Committee of the Whole when their votes would not be significant.

To know more about, House of Representatives, visit :

https://brainly.com/question/29391300

#SPJ4

Proctor tells elizabeth he is considering confessing. why is he considering this? find a quote to support your answer.

Answers

Proctor tells Elizabeth he is considering confessing because he is not a good person and he doesn't want to die like a saint.

"I cannot mount the gibbet like a saint. It is a fraud. I am not that man...My honesty is broke...I am no good man. Nothing's spoiled by giving them this lie that were rotten long before." is the quote that best supports my answer.

John Proctor was a middle-age hard working family man. He was sentenced to hang. He died on 19 August 1692.

The given question is from the crucible act, by playwright Arthur Miller.

To learn more about ‘The crucible act’ here:

https://brainly.com/question/18665047

#SPJ4

What actions does the FCC take?

Answers

Investigates and takes or recommends enforcement action, where appropriate, against broadcast licensees in cases involving violations of technical rules such as unauthorized construction and operation, EAS, tower lighting and marking, radio frequency interference, and excessive power.

How do Federalists and Democratic-Republicans compare?

Answers

The Federalists argued for a strong central government, while Democratic-Republicans believed that the state governments should be stronger than the central government.

What is meant by Republicans?

The Republican Party, also referred to as the GOP or the "Grand Old Party," is one of the two major modern political parties in the US.

The GOP was established in 1854 by abolitionists who opposed the Kansas Nebraska Act, which may have permitted chattel slavery to spread into the western territories.

Since Ronald Reagan's presidency in the 1980s, conservatism has served as the GOP's driving principle.

It has been the Democratic Party's main political foe since the middle of the 1850s.

Republicans Chester A. Arthur, Benjamin Harrison, Abraham Lincoln, and Rutherford B. Hayes were all Whigs before joining the party from which they were elected, making them the Republican Party's ideological forefathers.

To learn more about Republicans refer to

brainly.com/question/543079

#SPJ4

who of the following can overrule a traffic signal? a. crossing guard b. police officer c. state trooper d. all of the above(1 point)

Answers

Crossing guard, police officer, and a state trooper. This sign means that a driver must stop before entering traffic. Thus correct option all of the above (d).

What does traffic signal mean in plain English?

At intersections, traffic signals are traffic signs that direct how cars should travel through the intersection. To uphold perfect order and prevent tragic accidents on the roadways, traffic lights are used. The traffic signal uses three different colors—red, yellow, and green—and operates on light signals.

The AMBER (or YELLOW) light indicates to clear the road when the signal is changing from green to red. If, by mistake, caught in the amber signal in the middle of a large road crossing, continue with care and do not accelerate in panic.

A traffic light. When the light is red, you must stop. A yellow indicator indicates that the lights are about to turn red. Unless you are unable to stop due to proximity to the junction, you must halt. If the light is green, you are free to proceed.

A traffic light with the green portion lighted to indicate that it is okay to move forward: Prior to crossing the street, watch for the green signal. fig. A green light also indicates consent to proceed: The project's creators received approval to move forward.

Learn more about traffic signal to visit this link

https://brainly.com/question/8570396

#SJ4

How did the North benefit from slavery?

Answers

The North benefit from slavery because northern traders benefited from the transatlantic triangle trade in molasses, rum, and slaves, more than 40,000 slaves were formerly held in servitude in Colonial.

The disparities between the northern and southern states have frequently led to conflicts between the two throughout American history. The American Civil War was the culmination of a growing conflict between the north-based Union and the south-based Confederacy. This conflict was largely fueled by the disparate opinions and lifestyles of the residents of either side. Despite the fact that the Civil War had several causes, slavery gained significance as the conflict progressed. Following various debates over state and federal powers and Abraham Lincoln's election on an anti-slavery platform, a number of "cotton states" seceded from the Union, beginning the Civil War.

Learn more about Slavery here:

https://brainly.com/question/9331183

#SPJ4

Which of the following typically occur during REM sleep?

A. bod wetting
B.synaptic growth
C. night termos
D. beta Waves

Answers

Synaptic growth is something that what they typically occur during the REM sleep cycle

REM sleep usually occurs like 90 minutes after they falling asleep. Her first REM period usually lasts 10 minutes. Each of the later REM phases is longer, with the final REM phase sometimes lasting up to 1 hour.For healthy adults, spending 20-25% of her time in REM is a good goal. About 90 minutes of every 7-8 hours of sleep is spent in REM sleep. Scientists agree that sleep is essential to good health, and while stages 1-4 and REM sleep are all important, deep sleep is essential to feeling rested and staying healthy. is the most important. The most important sleep stage is stage 3, or NREM, delta (slow wave) sleep, which accounts for 25% of the total sleep cycle and is known as the "deepest" stage of sleep. Stage 3 is when sleep is at its most restful, helping the body to heal itself and the mind to rest.

To know more about sleep cycle visit:

https://brainly.com/question/2401544?referrer=searchResults

#SPJ4

What did the Supreme Court case Baker v Carr rule?

Answers

In the landmark 1962 decision Baker v. Carr, the U.S. Supreme Court established that federal courts could review claims that redistricting by a state violates the Equal Protection Clause of the Fourteenth Amendment.

A sentence is a component of language that consists of a semantic predicand (expressed or not) and a semantic predicate. A typical clause has a subject, a syntactic predicate, which is often a verb phrase made up of a verb and any possible objects as well as other modifiers, and sometimes other words. Even in languages with null subjects, different languages, and even English in the imperative mood, the issue is occasionally unvoiced if it can be retrieved from context.

A simple sentence is complete when it has only one clause and one finite verb. Multiple clauses, including at least one independent clause, are paired with either at least one dependent clause (also known as an embedded clause) or with one or more independent clauses in complex sentences.

Learn more about clause here:

https://brainly.com/question/14343696

#SPJ4

Which of the following represents a protection guaranteed under the First Amendment?

Answers

Freedom of choice regarding religious worship is a protection guaranteed under the First Amendment. Option B

What is meant by the first amendment?

Religious freedom, freedom of speech, freedom of assembly, and the right to petition are all protected under the First Amendment. It prohibits Congress from endorsing one religion above others and from limiting a person's ability to practice their religion.

Religion, speech, the press, the right to petition and the freedom to assemble are five important social values that are protected by the First Amendment of our Constitution. Our unshakeable adherence to these ideals has endured challenging conflicts throughout our history and has remained a pillar of our democracy.

Read more on the first amendment here:https://brainly.com/question/26448398

#SPJ1

What was written to clarify and reaffirm many of the key doctrines of the Christian faith?

Answers

Answer:

The Nicene Creed is a statement of faith written to clarify and reaffirm many of the critical doctrines of the Christian faith. It was initially composed in 325 A.D. at the Council of Nicea and has since been modified and accepted by most prominent branches of Christianity. The Creed is written in three parts: the doctrine of God, the principle of Jesus Christ, and the doctrine of the Holy Spirit.

Explanation:

What happens in the first chapter of The Scarlet Letter?

Answers

The entrance to a prison in seventeenth-century Boston is surrounded by a group of gloomy, gloomy-looking people. The prison appears to have been built to house seriously violent offenders.

A prison is also referred to as a jail, gaol (dated, standard English, Australia, and historically in Canada), penitentiary (American English, and historically in Canada), detention center (or detention center outside of the US), correction center, correctional facility, lock-up, hoosegow, or remand center, is a place where inmates (or prisoners) are imprisoned against their will and typically denied a variety of freedoms by the state as punishment for Prisons are most frequently used in a criminal justice system: those accused of crimes may be detained before trial, and those who plead guilty or are found guilty at trial may get a sentence that includes a certain amount of time in jail. A jail can be characterized as a structure in the simplest terms.

Learn more about prison here:

https://brainly.com/question/29821172

#SPJ4

Groupthink is fueled by a desire for:

a. conflict.
b. self-disclosure.
c. harmony.
d. passionate love.
e. cognitive dissonance

Answers

Groupthink is fueled by a desire for:

c. harmony.

What is groupthink?

Groupthink is a phenomena that happens when people come to an agreement without using critical thinking or weighing the pros and drawbacks. Groupthink is founded on a shared goal to maintain a group's equilibrium.

The social scientist Irving Janis initially introduced the hypothesis of groupthink in his influential 1972 paper, Victims of Groupthink.

Pressure to fit in, the false sense of invulnerability, self-censorship, and unquestioning ideas are four of groupthink's key traits.

Effective decision-making and problem-solving are successfully driven out by the demand for groupthink and hence we say it is a fueled by the likelihood of harmony

Learn more on groupthink at:

https://brainly.com/question/10206116
#SPJ1

What was the purpose of the Equal Rights Amendment and what happened to it?

Answers

The Equal Rights Amendment was created to demand that the Constitution be amended. With the intention of being incorporated into the US Constitution, this amendment was created. The amendment's primary goal is to guarantee that all citizens of North America have the same rights, regardless of gender.

What happened to Equal Rights Amendment (ERA)?

The Equal Rights Amendment (ERA) was first put out in Congress in 1923, three years after the 19th amendment was ratified, in an effort to guarantee complete equality for women. It aims to eliminate the disparities in the law that exist between men and women with regard to divorce, property, employment, and other issues.

The Equal Rights Amendment aims to prohibit discrimination against women and men in a number of areas, including employment, legal property, divorce, etc. However, a few states chose not to ratify this amendment.

To learn more about The Equal Rights Amendment here:

https://brainly.com/question/1785919#

#SPJ4

What is the top leadership position in the Senate?

Answers

The roles of Senate leadership that are specifically stated in the Constitution are those of the Vice President of the United States, who serves as President of the Senate.

What do we mean by the Senate?

A bicameral legislature's upper house or chamber is normally a deliberative assembly known as the senate.

The expression is derived from the name of an assembly of the Roman Senate that was composed of senior, or seen as more knowledgeable and experienced, members of the community or ruling class.

The President pro tempore, traditionally the most senior member of the majority, theoretically presides in the Vice President's absence, and the Vice President of the United States, who serves as President of the Senate, are the two roles of Senate leadership that are explicitly stated in the Constitution.

Therefore, the roles of Senate leadership that are specifically stated in the Constitution are those of the Vice President of the United States, who serves as President of the Senate.

Know more about the Senate here:

brainly.com/question/747425

#SPJ4

Did Schenck win or lose his case?

Answers

He was convicted of each and every charge. On Schenck's appeal, the United States Supreme Court looked at the conviction.

In a groundbreaking opinion written by Justice Oliver Wendell Holmes, the Supreme Court confirmed Schenck's conviction and determined that the Espionage Act did not infringe the First Amendment.

What did Schenck's decision mean?

United States, 249 U.S. 47 (1919) The speaker is not protected by the First Amendment from government action if speech is intended to result in a crime and there is a clear and present danger that it will.

Did Schenck or U.S. win?

The Supreme Court upheld the convictions of Charles Schenck and Elizabeth Baer for violating the Espionage Act of 1917 by obstructing the "recruiting or enlistment service" during World War I in the landmark Schenck v. United States, 249 U.S. 47 (1919).

To learn more about Schenck's appeal here:

https://brainly.com/question/8917805

#SPJ4

​All of the following are hormonally influenced pubertal changes EXCEPT:

a. thickening of the vaginal walls.
-b. shifting of the vaginal pH from acidic to alkaline.
c.enlarging of the uterus.
d. ​increase in cervical secretions.

Answers

Correct  option A - the vaginal walls becoming thicker.

The number of women reporting negative genito-urinary symptoms following menopause, such as vaginal dryness and sexual pain (genitourinary syndrome of menopause; GSM), will rise as life expectancy rises.

There are currently no minimally invasive methods for measuring vaginal atrophy objectively; the only methods that need vaginal swabs are maturation index measures.

This study sought to determine whether total vaginal wall thickness (TVT) and total vaginal mucosa thickness (TMT), both as determined by transabdominal ultrasound, may be considered as new objective measures of vaginal wall thinning that might be connected to menopausal status.

Transabdominal ultrasound scans were done on women who were scheduled for pelvic ultrasounds in order to measure TVT and TMT at the level of the bladder trigone. Additionally, the thickness of the transvaginal endometrial lining was determined.

Learn more about " vaginal walls " to visit here;

https://brainly.com/question/29560265

#SPJ4

It is estimated that over _____ of school bullying goes unreported.

Answers

It is estimated that over 40% of school bullying goes unreported.

Similar to bullying outside of the school setting, bullying at school refers to one or more offenders acting violently toward a victim on a regular basis who is weaker physically or more powerful socially than the perpetrators. Bullying can take the form of verbal abuse or physical harm.

Anti-bullying legislation is legislation enacted to assist in the reduction and elimination of bullying. Bullying can cause bodily harm, social and emotional distress, self-harm, and even death. It also raises the likelihood of depression, anxiety, sleep problems, lower academic achievement, and dropping out of school.

To know more about School bullying, click here.

https://brainly.com/question/4387394

#SPJ4

All death-row inmates are held in ________ prisons.
Maximum-security

Answers

All death-row inmates are held in Maximum-security prisons.

Prisoners serving lengthy sentences are typically housed in maximum security facilities. These inmates are guilty of treason, murder, robbery, kidnapping, and other heinous crimes. Most maximum security jails are surrounded by high stone walls or sturdy chain fences. Death row offenders reside in the same facilities as all other inmates who need the highest level of protection.

Learn more on prisons.

https://brainly.com/question/2663000

#SPJ4

miss prism. [drawing herself up.] your guardian enjoys the best of health, and his gravity of demeanor is especially to be commended in one so comparatively young as he is. i know no one who has a higher sense of duty and responsibility. what does demeanor mean in the line? a outlook b interests c behavior d beliefs

Answers

Answer: c. Behavior

Explanation:

Other Questions
In the current year, a company paid interest of $40,000, had net capital expenditures of $300,000, and issued net new debt of $75,000. In addition, the company reported cash flow from operating activities of $600,000, cash flow from investing activities of ($250,000), and cash flow from financing activities of $65,000. The marginal tax rate is 35%. Compute the free cash flow to the firm. In the current year, a company paid interest of $40,000, had net capital expenditures of $300,000, and issued net new debt of $75,000. In addition, the company reported cash flow from operating activities of $600,000, cash flow from investing activities of ($250,000), and cash flow from financing activities of $65,000. The marginal tax rate is 35%. Compute the free cash flow to the firm. A train whistle produces a sound at a frequency of 600 Hz. If the train is moving toward a stationary observer at a constant speed, which of the following may be the frequency of the whistle as detected by the observer? WILL GIVE BRAINLIEST FOR BOTH CORRECT ANSWERSWhat were Jim Crow Laws?What led to the Supreme Court Case Plessy v. Ferguson (1896)? Question 2 of 6 Which two pieces of data could indicate that a volcano is about to erupt? A. A decrease in the ocean level near a mountain range B. An increase in temperature near Earth's surface C. A change in the types of gas detected in the air D. A drop in average air temperature in one region Can someone help me here help please! i put extra points :( Was rays birthday lit Find the area of the sector. How do you know if something is being pushed or pulled by a force?A)It's speeding up.B)It's slowing down.C)It's changing direction.You drop a bowling ball and a baseball from the roof to the ground. Which one will hit the ground first? The difference of the two numbers is 3 their sum is 13 find the numbers please help What information concerning disulfiram should you communicate to the patient A student is 90 cm tall and growing at a rate of 3 cm per month. At this rate, in how many months will the student grow to a height of 132 cm? SpandoCorp is a diversified firm that makes industrial, military and consumer products from Spandex. SpandoCorp manages each of the businesses that it operates in as a separate division and treats each as a true profit-and-loss center. In this organization, Grace McKenna is responsible for deciding which set of businesses SpandoCorp will operate in and for encouraging behavior that is consistent with this strategy, Wells Tucker provides information to McKenna about the internal and external environments that she uses in her decision making, and Kelly Rae is one of the individuals who is responsible for evaluating the firm's decision making to ensure that it is consistent with the interests if equity holders.Which organizational structure is SpandoCorp using? What is the slope of the line containing the points (-4,-6) and (3,-4) 10. How much physical activity is recommended for people 5 - 18.a) 225 minutes moderate activity per week which includes moderate and vigorous aerobic activity and muscle strengthening activitiesb) 60 minutes of moderate and vigorous intense activity and muscle and bone strengthening activity daily.c) 180 minutes daily can someone please help me on numbers 5-10 and please show and explain your work HELP THIS IS DUE SOON thxs uwu Angles in circle solve for each variable What is the area of the parallelogram shown below? Where would you find the name of a person who had a minor singing or acting role in this musical? HELP THIS IS DUE IN 10 MINUTES! I need help Please UwU Thanks!