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3 years ago

Which most likely results from producers engaging in specialization

2 answers:

5 0

Base on the question, which ask to determine which most likely results from producers engaging in specialization, base on the said question, and in my further research, I would say that the answer would be that Producers reduce their cause. I hope you are satisfied with my answer and feel free to ask for more

jeka57 [31]3 years ago

4 0

I believe the answer is: Producers reduce their costs.

Specialization refers to the process of focusing all of our current resource in producing a specific type of goods while reducing the production for others, which would make the cost to produce the specialized product become lower in the long run.

Specialization tend to be done if a country had a competitive advantage to produce a certain type of products compared to other country.For example, Malaysia is known for doing a specialization in latex-related product because they have better natural environments for latex trees to grow,.

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Beginning inventory at these costs on July 1 was 4,150 units. From July 1 to December 1, 20X1, Bradley Corporation produced 14,3

Tresset [83]

Answer:

Bradley Corporation

Gross profit is $88,000

Explanation:

a) Data and Calculations:

Material cost = $5

Labor cost = 4

Overhead cost = 5

Total unit cost = $14

Inventory Sheet

Date Description Units Unit Price Total

July 1 Beginning inventory 4,150 $14 $58,100

Dec 1 Production 14,300 $14 200,200

Cost of goods available for sale 18,450 $14 $258,300

Cost of goods sold 17,600 $14 246,400

Dec. 31 Ending Inventory 850 $14 $11,900

Calculation of the gross profit:

Sales revenue = 17,600 * $19 = $334,400

Cost of goods sold 17,600 * $14 246,400

Gross profit 17,600 * $5 $88,000

8 0

3 years ago

Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion I

Delicious77 [7]

Answer:

-$7billion

Explanation:

Given that

Exports of goods and services=$12 billion

Imports of goods and services=$14 billion

Net income on investments= -$4 billion

Net transfers= -$1 billion

Increase in foreign holdings of assets in the United States= $6 billion

Increase in U.S. holdings of assets in foreign countries= $3 billion

Recall that

CAB = (X - M) + NY + NCT

Where

X = export

M = import

CAB = current account balance

NY = net income from abroad

NCT = net current transfers

Therefore

CAB = (12 - 14) - 1 - 4

= - $7 billion

4 0

3 years ago

Read 2 more answers

The Green Belt you are mentoring reported a Pearson correlation coefficient of negative 1.51. What is the most appropriate advic

telo118 [61]

The most appropriate advice to give the Green Belt is a mistake was made when calculating the coefficient.

Explanation:

Green Belts concentrate on the ideals of elimination of differences, lean development and should have a basic statistical understanding. Their goals are both to improve output to a desired target and to will operation variability.

They usually support black loops and are therefore not used as green loops at full-time. They often play a full-time role in Six Sigma programs and participate as required. Yet Green Belts may lead its own teams and act as a mentor with a Black Belt.

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3 years ago

Over 2 years, how much more does $2000 in a savings account with an APR

irina1246 [14]

It will be 4000 cause if u add that together it will give you 4000

4 0

3 years ago

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Genie Software Inc. has been operating in the country of Jamtland for almost a decade. The nation is currently experiencing an e

Gwar [14]

Answer:

Genie will have better access to highly skilled human capital at a lower cost.

Explanation:

During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production, and consequently laying off workers.

Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.

8 0

3 years ago