Q,1.1 Kenya has a comparative advantage over Uganda in the production of sugar if it: (1) Is able to produce sugar at a faster rate than Uganda. (2) Produces sugar at a lower opportunity cost than Uganda. (3) Has the absolute advantage in sugar production. (4) Specialises in sugar production.

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A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…

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A: Answer - "Thank you for submitting the questions.But, we are authorized to solve one question at a…

Q: 1)  What does it mean if a country can produce something at a lower opportunity cost, and why would…

A: Opportunity cost is the money value of the next best alternative that is foregone by the individual…

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Q: What is:  (not more than 3 sentences for each of them) Absolute advantage? Comparative Advantage?…

A: It refers the ability to produce more of a good or service as compared to the competitoutilizing the…

Q: Q.1.1 Kenya has a comparative advantage over Uganda in the production of sugar if it:  (1) Is able…

A: Comparative advantage is capability of an economy to produce a good at a lesser opportunity cost…

Q: .1.1 Kenya has a comparative advantage over Uganda in the production of sugar if it: choose correct…

A: According to comparative advantage theory, every country can enter into trade even the country has…

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A: Hi! Thanks for the question but as per the guidelines, we can answer only one question up to three…

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