1. What is the difference between absolut and comparative advantage? How does comparative advantage leads to trade? 3.. In your own words, explain how the price system in competitive markets eliminates a shortage and a surplus. 4. In your own words, expla

匿名用户 最后更新于 2021-11-29 14:46 经济Economics


can you please send this question asap in 30min and make it detailed.

1. What is the difference between absolut and comparative advantage? How does comparative advantage leads to trade? 3.. In your own words, explain how the price system in competitive markets eliminates a shortage and a surplus. 4. In your own words, explain how markets at equilibrium maximize total surplus.

已邀请: