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Burka [1]
2 years ago
12

Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advant

age to decrease the amount of goods produced to maintain market share to increase efficiency
Business
1 answer:
Svetradugi [14.3K]2 years ago
6 0

The reasons why producers choose to specialize are:

  1. to gain a comparative advantage
  2. to increase efficiency.

<h3>What is specialization?</h3>

Specialization is when a producer concentrates on the production of some particular goods and services.

Advantages of specialisation

  • It increases economies of scale
  • It increases the efficiency of the producer

To learn more about comparative advantage, please check: brainly.com/question/25139916

#SPJ4

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Whenever there is a shortage at a particular price, the quantity sold at that price will equal:_____.
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Whenever there is a shortage at a particular price, the quantity sold at that price will equal <u>more than the quantity supplied at that particular price.</u>

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Magnitude (how a lot) and multitude (what number of), the two primary types of portions, are similarly divided as mathematical and bodily. In formal terms, quantities—their ratios, proportions, order, and formal relationships of equality and inequality—are studied by using arithmetic.

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Learn more about quantity here brainly.com/question/809966

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7 0
1 year ago
1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
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Answer:

1. Bankruptcy law is primarily state law.   b. False

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Fill in the blanks with words that would best complete the passage.

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3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.

4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.

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3 years ago
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