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Anarel [89]
1 year ago
13

The division of productive activities among persons and regions so that no one individual or region is totally​ self-sufficient

is known as.
Business
1 answer:
ankoles [38]1 year ago
8 0

The division of productive activities among persons and regions so that no one individual or area is totally self-sufficient is known as specialization.

Specialization is a business technique used to concentrate on producing a very narrow range of goods or services in order to achieve maximum productivity, subject-matter knowledge, and industry leadership. Specialization used businesses claim to get higher returns on their investments. Specialization is the antithesis of diversification, which is when a business expands outside of its primary business. Regions of a nation or even entire countries may be considered specializations. Many nations worldwide focus on producing or providing services that are unique to their region while importing other products and services.

Learn more about specialization here:

brainly.com/question/15191030

#SPJ4

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After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing educ
Thepotemich [5.8K]

Answer:

5

Explanation:

8 0
3 years ago
If a company increases its sales price per unit for product​ a
Effectus [21]

Answer:

TR decreases if Demand is Elastic, TR increases if Demand is Inelastic

Explanation:

Price Elasticity of Demand is the responsive change in price, due to change in price. Elastic demand means demand responds more to price change, Inelastic demand means demand responds less to price change. Total Revenue is the total receipt value from sales = Price x Quantity

  • If demand is elastic : price & total revenue are inversely related - price increase, demand decrease & price decrease, demand increase.
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So, If a company increases its sale price per unit of a product :

  • Total Revenue would increase as a result of price rise, if demand is Inelastic
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7 0
3 years ago
Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: D
Sauron [17]

Answer:

$33,630

Explanation:

Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,

Cash collections in January from December credit sales would be

= 57% * 59,000

= $33,630

7 0
3 years ago
Select the correct answer.
amid [387]

Answer:

A is the answer

Explanation:

3 0
2 years ago
The total factory overhead for Martin Company is budgeted for the year at $375,000. Martin manufactures two garden products: a l
meriva

Calculation of total number of budgeted direct labor hours for the year:


It is given that Martin manufactures two garden products. These products each require four direct labor hours (dlh) to manufacture. Each product is budgeted for 2,500 units of production for the year.

Hence, the total number of budgeted direct labor hours for the year shall be = 2 Products *2500 units * 4 dlh = 20,000 dlh.



4 0
3 years ago
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