What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.

Answers

Answer 1

Answer: It’s C

Explanation: read it before you check it because the order might be different in different test.

Answer 2

The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.

What is specialization in an economy?

Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.

Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.

Therefore, option C is correct.

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Related Questions

he Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 3,240 $ 8,622 February 3,060 $ 8,228 March 1,150 $ 3,910 April 2,260 $ 7,684 May 4,310 $ 10,984 June 1,270 $ 4,318 July 3,410 $ 9,418 August 640 $ 2,176 September 1,310 $ 4,454 October 3,760 $ 9,738 November 1,330 $ 4,522 December 2,570 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.)

Answers

Answer:

Fixed costs= $640

Variable cost per unit= $2.4

Explanation:

Giving the following information:

Month Occupancy-Days Electrical Costs

January 3,240 $ 8,622

February 3,060 $ 8,228

March 1,150 $ 3,910

April 2,260 $ 7,684

May 4,310 $ 10,984

June 1,270 $ 4,318

July 3,410 $ 9,418

August 640 $ 2,176

September 1,310 $ 4,454

October 3,760 $ 9,738

November 1,330 $ 4,522

December 2,570 $ 7,868

To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,984 - 2,176) / (4,310 - 640)

Variable cost per unit= $2.4

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,984 - (2.4*4,310)

Fixed costs= $640

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,176 - (2.4*640)

Fixed costs= $640

What are desirable qualities for office assistants to have?

Answers

Answer:

Good communication skills.

Organization skills.

Team player.

Interpersonal communication skills.

Detail oriented.

Positive, can-do attitude.

Flexible.

Ability to prioritize.

Explanation:


What kind of location appears temporarily, and then disappears?

Answers

Answer:

pop up retail location

Explanation:

2- Dose the first African- American women to lead a major U.S. corporation face special challenges?

Answers

Answer:

yes

Explanation:

in business everybody have to face challenges, it may be special or not

in order to expand our business and make it progress.

Yes what the guy said on top the us african stranger us corporation

According to information in the Washington Post article "The retirement costs that are rising faster than Social Security benefits" by how much has retirees' nominal income risen since the year 2000, if Social Security benefits are the only source of income for retirees? % By how much has retirees' real income derived from benefits fallen since 2000? % Can retiress in 2015 purchase more, fewer, or the same quantity of goods and services with their social security benefits as retiress in 2000 could? the same quantity of By how much would benefits had to have risen to maintain a constant real income for retirees? %

Answers

Answer:

if Social Security benefits are the only source of income for retirees by how much has retirees' real income derived from benefits fallen since 2000?

22%

In nominal terms social security benefits increased by 43% from 2000 to 2015. Social security benefits are adjusted by the CPI, the problem is that the CPI doesn't measure many costs that retirees face but most younger people don't. E.g. the CPI weighs heavily gas and transportation which are expenses that are not significant to retirees but doesn't include Medicare premiums. Housing costs also increase when you are retired and they do not weigh that much in the CPI.

Can retirees in 2015 purchase more, fewer, or the same quantity of goods and services with their social security benefits as retirees in 2000 could?

fewer goods

how much would benefits had to have risen to maintain a constant real income for retirees?

21.6%

the average social security benefit in 2000 was $816, in 2015 it was $1,166. In order for retirees to be able to maintain their purchasing power, they should have increased to $1,418 in 2015 (a $252 increase, or 21.6%)

When gathering information about an industry, pay attention to whether it is a growth industry. What does this mean?

Answers

Answer:

Explanation:d. an industry that is growing and adding jobs which means it may be easier to get work

which of the following is also known as profit and loss statement?
net worth ledger
liability statement
income statements
transaction ledger

Answers

Income statement
A financial statement that outline the revenues and costs during a period of time.

Another name for the profit and loss statement is the income statement.

The income statement is a financial statement that is used to record a firm's income and expenses in a given year. It contains information on the total profit or loss of a firm.

A balance sheet is a financial statement that contains information on a  reports company's assets, liabilities and shareholders' equity at a point in time.

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A traditional cover letter’s format includes an introduction, a __________and a_____________ paragraph.

Answers

A traditional cover letter’s format includes an introduction, a body and a closing paragraph.

A traditional cover letter’s format includes an introduction, a body, and a closing paragraph.

When applying for employment, you should include a cover letter with your CV. In addition to selling your application, it serves as a personal introduction.

Cover letters are required since they allow you to explain to an employer why you are the ideal applicant for the position.

The majority of your cover letter's content should be factual, with no fluff or generalizations.

Therefore, a standard cover letter has three paragraphs: an introduction, a body, and a conclusion.

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Match each career path with the CTSO that can help further the goals for that path.

Tiles

A.SkillsUSA

B. Business Professionals of America

C.Family, Career and Community Leaders of America

D.Health Occupations Students of America

E.National FFA Organization


Pairs

1. Andrey wants to pursue a career in farming.

2. Betty dreams of becoming a computer engineer.

3. Cynthia wants to pursue a career in the IT industry.

4. Daphne wants to be a nurse.

5. Ethan seeks a job in politics.

Answers

Explanation:

Remember, CTSO which stands for Career and Technical Students Organization is an organization that aids students in acquiring technical education and in achieving their career objectives.

Here's a match of each career path with the most appropriate CTSO that can help:

Skills USA ⇒ Cynthia wants to pursue a career in the IT industry

Business Professionals of America ⇒ Betty dreams of becoming a computer engineer.  

Family, Career, and Community Leaders of America ⇒ Ethan seeks a job in politics.

Health Occupations Students of America ⇒ Daphne wants to be a nurse

National FFA organization: ⇒ Andrey wants to pursue a career in Farming.

Note: The above conclusions were made after visiting the websites of the CTSOs to determine their objectives.

Answer:

Andrey wants to pursue a career in framing - National FFA Organization

Betty dreams of becoming a computer engineer - SkillsUSA

Cynthia wants to pursue a carerre in the IT industry - Business Professionals of America

Daphne wants to be a nurse - Health Occupations Students of America

Ethan seeks a job in politics - Family, Career and Community Leaders of America

Explanation: this is correct on edmentum / plato

HELPPPP PLEASE I WILL GIVE YOU BRAINLIST
Suppose you are going to buy a car. How do larger economic factors influence the pursuit of this goal.

Answers

A financial goal that I have is to have a well-paying job as I get out of high school so I can afford to go to a University of my choice. This way I won't be in crippling debt and have to take out massive student loans. However, inflation as well as taxes will influence this. Income taxes will force me to have to give up some of my hard-earned money, which will significantly reduce the amount of money I actually make.

I hope this helps!  If so, will you add it as the brainliest?

Thanks!

ten opinions on "discipline and successful life"​

Answers

Answer:

graditude

forgiveness

meditation

active goal setting

eat healthy

sleep

exersize

organisation

time management

persistance

You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a subscription-based service in which households within a 100-mile radius subscribe to your plan and receive two gallons of freshly squeezed juice (for example, cherry juice, apple juice, lemonade) twice a week. As you think about starting your business, you ask yourself: Am I being responsive to the customer? Is it innovative? Can I offer a quality product? After asking these questions, review and identify which question you forgot to ask that would give you a sustainable advantage.

Answers

Answer:

Can others imitate my service easily or not? (or some other question related to imitability)

Explanation:

You should analyze this idea using the VRIO (Value Rarity Imitablility Organization) framework.

Am I being responsive to the customer? ⇒ ValueIs it innovative? ⇒ RarityCan I offer a quality product? ⇒ OrganizationImitability ?????

Imitability basically refers to how easily your product or service can be copied by the competition. Can other companies offer the same or similar products? e.g. fruit juices or other beverages like milk, or even yogurt or salad, etc.

How does a project manager evaluate the scope of a project?

Determine the overall work that needs to be completed to deliver the desired product, service, or end result

Estimate some of the resources that are needed to deliver the desired product, service, or end result

Evaluate the time it will take to deliver the desired product, service, or end result

Guess how much money it will cost to deliver the desired product, service, or end result

Answers

Stating in an answer for future reference, it's A, "Determine the overall work that needs to be completed to deliver the desired product, service, or end result".

No "Tutor" needed.

Tim receives a call from a friend when he is on a conference video call with his boss. What should be his next step?

Answers

Answer:

He shoukd apologises to his boss and send the other person to voicemail and creat a plan to call back later

Explanation:

Answer:

Disconnect the call

Explanation:

edmentum

When do you think is the first point where you will first need to get life insurance?

Answers

1.You need to get life insurance when someone depends on your income.
2. Age so for retirement reasons
3.Health conditions
4.your partner or you is about to give birth or has a newborn

Katalyn owns a small start-up. She wants to select a promotional tool that provides greater reach to the masses and has less cost per thousand. Which media type should Katalyn select? A. radio advertisement B. television advertisement C. telemarketing D. direct mail E. advertisement in yellow pages
(ik its not television so pls don't say its b)​

Answers

Answer:

c

Explanation:

Answer:

d

Explanation:

A sound savings program and adequate insurance protection form the foundation of financial security.
True or false

Answers

Answer:

True

Explanation:

Financial security is the satisfaction that one has sufficient money to meet their daily expenses, cover for emergencies, and work towards meeting their financial goals. Achieving financial security is a long-term goal for many individuals and organizations. Meeting this objective requires following certain principles.

A savings plan and insurance are some of the foundations for achieving financial security. Saving helps one attain financial goals, while insurance is essential in case of emergencies. Having a personal financial plan, with or without a personal finance manager, is another vital element in achieving financial security.

Which of the following is an example of an equity investment?
A Aloan
B A company bond
C A government bond
DA company's stock

Answers

Answer: The answer is D. A companys Stock

Explanation: Just got it correct on Edg

Mark me down as brainliest!?

Answer:

D, a company's stock

Explanation:

edg2020

will mark brainliest if answered!! due today!! this was in my business class so i chose business
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?

Answers

Answer:

Rochelle

Explanation:

Because Rochelle oil company is safer than lionel because if there was a leak the damage would be very big.

Answer:

Rochelle

Explanation:

Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.

Whitney deposits for two years. She compares two different banks. State Bank will pay her 4.1% interest, compounded monthly. Kings Savings will pay her 4.01% interest, compounded
continuously.

Answers

Answer:

State Bank,$16.21

Explanation:

Result part (a): $767.74

Result part (b): $751.53

we note that the results of part (a) is higher and thus State Bank earns more interest.

we are also interested in the difference of the interest:

$767.74 - $751.53 = $16.21

Thus State Bank will result in $16.21 more interest.

One-year Treasury bills currently earn 1.45 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 1.65 percent. If the unbiased expectations theory is correct, what should the current rate be on 2-year Treasury securities? (Round your answer to 2 decimal places.)

Answers

Answer:

1.55%

Explanation:

Computation of current rate to be on 2-year Treasury securities

Current rate (2) = ((1 + Current rate(1)) * (1+After a year rate(1))^(1/2) - 1

= ((1+1.45%)*(1+1/65%))^(1/2) - 1

= ((1+0.0145)*(1+0.0165))^(1/2) - 1

= ((1.0145)*(1.0165))^(1/2) - 1

= 1.03123925^(1/2) - 1

= 1.01549950763 - 1

= 0.01549950763

= 1.549951

= 1.55%

Thus, the current rate on 2-year treasury will be 1.55%

Joe, Jeff and Jerry Frank own Frank Brothers Farm, a seed company specializing in seed corn. At their weekly meeting they tried to calculate the portion of the farm's overhead expenses that is fixed and the portion that is variable. Over the past twelve months, the number of bushels of seed corn that has been sold reached its peak in May, when the total monthly overhead costs totaled $290,000 for 90,000 bushels of seed corn sold. The lowest number of bushels sold in the last twelve months occurred in December, when total overhead costs were $70,000 for 10,000 bushels sold. What is the fixed portion of the monthly overhead expenses?

Answers

Answer:

Fixed costs= $42,500

Explanation:

Giving the following information:

May:

Total monthly overhead costs totaled $290,000 for 90,000 bushels of seed corn sold.

December:

Total overhead costs were $70,000 for 10,000 bushels sold.

To calculate the fixed component, we need to use the high-low method.

First, the variable component:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (290,000 - 70,000) / (90,000 - 10,000)

Variable cost per unit= $2.75

Now, the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 290,000 - (2.75*90,000)

Fixed costs= $42,500

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 70,000 - (2.75*10,000)

Fixed costs= $42,500

The article discusses how it is good to be near a trading partner—especially a rich trading partner—for two reasons: a) it is cheaper to trade with a close trading partner than one that is far away and b) a rich trading partner offers more opportunities for trade than a poor one. As the article points out, Germany benefits as the neighboring country, France, becomes wealthier.Consistent with this argument, the states on the West Coast of the United States have seen rapid economic growth asEast Asia has experienced rapid economic growth.2-In contrast, states along the East Coast should see slow economic growth and possibly even a decline as the economy ofEurope stagnates.

Answers

Please find article attached

Answer and Explanation:

1. East Asia

2. Economy of Europe

1. the article suggests countries near industrialized and rapidly growing economies tend to tap from the economic success of their neighboring countries just like west coast USA taps from East Asia rich economy

2. The economy of Europe if stagnating will in contrary cause stagnating growth to East Coast USA as opposed to the west which is closer to Asia

Determine the mean for the following raw scores of a pretest used in a marketing research study: 82, 83, 25, 29, 31, 82, 30, 90, 56, 76, 40, and 45. *

Answers

Answer:

55.75

Explanation:

Mean is the average score in the marketing data. It is obtained by first finding the total of all the data. The total is then divided by the number of entries.

The total for this data is 82 +83 + 25 + 29 + 31 + 82+ 30 +90+ 56, 76 +40+ 45= 669

The mean will be 669 divided by 12

=669/12

=55.75

what is the relationship between price and the quantity of gasoline demanded

Answers

Answer:

In the study, Espey examined 101 different studies and found that in the short-run (defined as 1 year or less), the average price-elasticity of demand for gasoline is -0.26. That is, a 10% hike in the price of gasoline lowers quantity demanded by 2.6%. In the long-run (defined as longer than 1 year), the price elasticity of demand is -0.58.

Explanation:

Will cash bonuses speed the return to work of unemployed people? A state department of employment security notes that last year 68% of people who filed claims for unemployment insurance found a new job within 15 weeks. As an experiment, the state offers $500 to people filing unemployment claims if they find a job within 15 weeks. The percent who do so increases to 77%.

Answers

Answer:

Apparently handing out a cash incentive for getting a job when you are unemployed really works. A 9% increase in the number of unemployed people getting a new job is significant.

But this hypothesis has a flaw. Is there any way that you can tell if people quit on purpose just to be able to file for unemployment and get the cash bonus? Unemployment benefits vary a lot depending on the state, but the national average is $378 per week. If you multiply that by 4¹/₂ weeks per month = $1,701 (roughly). It is not a fortune, but its not that bad either.

If we add the extra $500 cash bonus to the total unemployment benefits, in 15 weeks a person could earn $500 + (15 x $378) = $6,170 for not working.

It doesn't make sense for someone earning a high salary to quit just to get unemployment benefits, but being unemployed pays you $6,170 / (15 x 40 hours) = $10.28 per hour and that is more than the minimum wage.

Trade Barriers decrease the number of goods people can choose from.
True or false ?

Answers

Heyy I don’t know but I could give you some resources that I found helpful for that answer:quizlet and wolfram alpha

Stage plays are classified as a form of written work under copyright law.
True
False

Answers

Answer:

Explanation:the correct answer is true thanks for the help

Answer:

The answer is false

Explanation:

I got it wrong on the test so false is the correct answer :)

Pick an object in your house. Now come up with a new, innovative use for the object. You're going to come up with a marketing plan for your new product. Your plan must include the following parts: Identify your target market. Outline your strategy with specific steps you'll take.

Answers

Answer:

apple

Explanation: People will enjoy the apple, I will make commercials of people eating them so they get hungry.

Answer:

Youve heard of a  water bottle well to be enviromentally friendly i came up with a new invention a ring dish out of a water botle youve seen the bracelets and jewlery but you havent seen a ring dish or a phone case they are enviromentally safe, scratch resistant, they are cute.

Explanation:

just a little idea i came up with\

Which problem is more likely to affect a partnership than a corporation?
O A. It is overly expensive and complicated to get started.
O B. Shareholders may remove the owners from the company.
O C. There are too many legal regulations controlling the business.
O D. Owners have unlimited liability if the business fails

Answers

Answer:

D

Explanation:

Partnerships often leave the owners liable to damages. As they aren’t difficult to set up in comparison, the answer most likely isn’t A. B also seems unlikely, as partnerships are often on a smaller scale. C doesn’t seem to apply.

Answer:

D

Explanation:

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What ancient Central American culture used Chiampas? Which best describes metabolism? A. all anabolic chemical reactions in the body B. all catabolic chemical reactions in the body C. all anabolic and catabolic chemical reactions in the body D. some anabolic and some catabolic chemical reactions in the body Whats the value of x Please make sure your right before answering! I would really appreciate it if you could help! I will give the BRAINIEST what dose opportunity means to you? In 5 sentences. !!!!! HELP PLS will mark brainliest How many gallons of pure alcohol should be added to 40 gallons of a 20% solution sothat a mixture is 25% alcohol? A pizza is cut into six unequal slices (each cut starts at the center). The largest slice measures 90 degrees: If Larry eats the slices in order from the largest to the smallest, then the number of degrees spanned by a slice decreases at a constant rate. (So the second slice is smaller than the first by a certain number of degrees, then the third slice is smaller than the second slice by that same number of degrees, and so on.)What is the degree measure of the fifth slice Larry eats? Can someone explain how they got the answer and what numbers to use? what 2 integers is the square root of 70 between? Chromium-48 decays. After 6 half-lives, how much of the original nuclei would remain if we started with 600 g? Solve the absolute value equation. Checkfor extraneous solutions.a. |2x + 5 |= 11 pls help me answer this question if correct I'll make brainylist!!! please help me with 11th grade math // Geometry What is the y-intercept Sarah hired a painter to paint her bedroom walls and ceiling. Each of the four bedroom walls is 18 ft. long and 8 ft. high. Two walls each have one door,and both doors measure 3 ft. by 7 ft. One wall has a window that is 3 ft. by 5 ft. The doors and window do not have to be paintedWhat is the area of the wall space that has to be painted? can someone just help me?? I'm literally so confused on this. this is on electron configuration. the teacher tried to explain to me multiple times but i still don't understand What is one reason the Silk Road was important? this so hard LOLIt linked the cities of Beijing and Hangzhou.It connected China to trade with other cultures.It connected the Yellow River and the Yangtze River.It protected China from nomadic invaders to the north. Narrative Consider the ratio of water and land on Earth.How might life on Earth be different if the proportionswere reversed? Insert < or > to form a true statement -17/18,3/5 Explain why it is important to monitor ecosystems over long periods of time?