Suppose that the opportunity-cost ratio for fish and lumber is 1f ≡ 1l in canada but 2f ≡ 1l in iceland. then should specialize in producing fish while should specialize in producing lumber.

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

mark brainliest!

one way archaeology us understand the past is through the material objects it finds, allowing us to know what was being used, and when. for example a dig recently found a flute, believed to be the oldest musical instrument found to date.

i hope this

well its not not rising unemployment and falling inflation.

hope this good !

they could find out our specific needs.