The United States Has Developed a Comparative Advantage in Film

question 171

Multiple Choice

The United States has developed a comparative advantage in film production due to the film industry being long-established in southern California, and lower costs result from the size of the industry in the area.This source of comparative advantage is referred to as

• A)the abundance of natural resources.
• B)superior process technology.
• C)external economies.
• D)best practices of unskilled labor.

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Definitions:

Developmental Changes

Refers to the transformations and progressions that occur in human beings from birth through the end of life.

Age Of 18

Is considered the age of majority in many countries, marking the legal transition into adulthood with associated rights and responsibilities.

Developmental Research

Research aimed at understanding how humans develop over their lifespan, focusing on physical, cognitive, emotional, and social changes.