Explain Why Positive Economies of Scale in One (Of Two)

question 11

Essay

Explain why positive economies of scale in one (of two) sectors may establish a comparative advantage for the large (as compared to the small) country in the production of the commodity which exhibits positive scale economies.

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Definitions:

Radial Site

A location on the wrist where the radial artery is palpated for assessing the pulse.

Ulnar Site

A location on the human body near the ulna bone, typically referring to the inner aspect of the forearm.

Apical/Radial Pulse

The measurement of the heart rate by palpating the apex of the heart and the radial artery, often used to check for pulse irregularities or monitor heart health.

Arterial Blood Gases

A test that measures the levels of oxygen, carbon dioxide, and other gases in the blood, usually taken from an artery, to assess lung function.