kaykay072414 kaykay072414
  • 24-04-2019
  • Social Studies
contestada

A producer who has a(n) __________ experiences less cost when producing that good when compared with another producer.

Respuesta :

ahmedishaal ahmedishaal
  • 04-05-2019

Answer:

A producer who has a "comparative advantage" experiences less cost when producing that good when compared with another producer.

Explanation:

When a producer is able to produce goods at a lower opportunity cost than the cost of other producers or partners of trade, than the term which is used in economics for this is comparative advantage. When you sell goods at lower cost than the others, it’s obvious that you will get stronger sale margins because everyone will buy your products.

Answer Link

Otras preguntas

Research 6 ways substances harm the mind and body​
FREE BRAINLIEST!! ill also answer questions that you have posted if you answer correctly!!!! (61pts)
whats 9x = -36 ..... plz help me i am supper confused
Li is trying to locate a PDF file on a thumb drive with a lot of other files on it. What could Li look at to help him find the file? the file extension a web br
Please help it was due yesterday.......
Please help !!! Complete the paragraph below with the appropriate forms of the verbs given in parentheses.
Find the density of a cube volume of 150 cm and a mass of 100g
Pls answer I will follow you if u do answer
Sajid wants to bake cupcakes and muffins. He wants to bake a total of at least 16 cupcakes and muffins (condition A), and he has 9000 grams of sugar (condition
A word that is formed from a verb, but functions as a noun, adjective, or adverb