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:

Biology

The systematic investigation of living entities and life forms, encompassing their anatomy, functionality, development, genesis, progression, and spread.

Brain Structures

Physical formations in the brain responsible for various functions, including thought, emotion, and sensory processing.

Daily Social Environments

The everyday social contexts individuals interact with, including family, work, and recreational settings, which influence their behavior and well-being.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, often characterized by delusions, hallucinations, and disorders in thought processes.