Give an example of how specialization and trade works

for example ,a country can produce bananas at a lower at a lower cost than oranges ,it can choose to specialize and dedicate all its resources to the production of bananas ,usingsome of them to trade for oranges

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu

the invasive species was introduced due to commercial purpouses, as there was a demand for fur clothes and hence, a business opportunity connected to this product. actually, it was when the nutrias scaped, causing harm to the us ecosystems when they acquired the status of invasive species. in this case they have caused an environmental problem, but it could have affected also economic interests or even human health.