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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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Ruby, age 50, is considering going back to school. She would like to retire at age 67. She currently earns $50,000 per year. If
weeeeeb [17]

Answer:

Ruby should go to college.

Explanation:

Ruby is currently 50 years old and earning $50,000 per year.  

She would like to retire at 67.  

She is thinking of going back to college, to complete a graduate degree.

After completing a graduate degree from the college she would earn $55,000.

The total cost of a graduate degree is $75,000.  

Ruby still has 17 years to work and earn.  

Her income will increase by $5,000 after college

The increase in income earned after college until retirement

= $5,000 \times 17

= $85,000

Since the increase in income is greater than the cost of going to college, Ruby should go to college.

4 0
3 years ago
Price elasticity of demand is defined as: a. the slope of the demand curve. b. the slope of the demand curve divided by the pric
Mandarinka [93]

Answer: Option D

Explanation: In simple words, price elasticity refers to the degree of change in demand of a commodity with respect to change in its price. It generally shows the fact that when the price of a commodity rises the demand for ti decreases due to various phenomenon coming into force such as income effect etc.

The price elasticity is calculated by dividing the change in quantity demanded with the change in price.

4 0
3 years ago
What is one reason why a business may want to move entirely online?
Brilliant_brown [7]
B. To focus on a global market.
4 0
2 years ago
Read 2 more answers
On February 11, 20Y9, Quick Fix Company purchased $2,250 of supplies on account. In Quick Fix’s chart of accounts, the supplies
enot [183]

Answer:

a. February 15, 20y9, supplies purchased on account

Dr 15-Supplies 2,250

    Cr 21-Accounts payable 2,250

b.

Supplies                                                                               Account N. 15

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           purchase           1               2,250                       2,250

c.

Accounts payable                                                               Account N. 21

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           supplies             1                              2,250                       2,250

5 0
3 years ago
Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
lorasvet [3.4K]

Answer:

B) She has to share all of the profits with the partner.

Explanation:

A partnership is a business owned by two or more parties while a sole proprietorship is owned by one person. In the former, decisions are made jointly and the process might take long since all partners must consent to it. Another disadvantage is that all profits are shared between or among all partners unlike a sole proprietorship where the owner takes all the profits.

8 0
3 years ago
Read 2 more answers
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