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Gekata [30.6K]
3 years ago
13

The productivity gains achieved by specialization are due to A. comparative advantage. B. lower opportunity costs from switching

production from one good to another. C. scarcity. D. absolute advantage.
Business
2 answers:
Bingel [31]3 years ago
5 0

Answer:

The correct answer is letter "A": comparative advantage.

Explanation:

Comparative Advantage is an individual, business, or country's ability to produce a good or service at a lower cost of opportunity than its competitor. Getting a comparative advantage does not mean that one organization is completely better at producing a good or a service than another. It implies that it sacrifices less to do so. Comparative advantage allows firms to specialize in the manufacturing of the goods or services being produced at a lower cost.

Ronch [10]3 years ago
4 0

Answer:

Comparative advantage.

Explanation:

Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .

Specialization is about concentrating on producing a few products in order to

build brands , expertise and gain maximum productivity leading to a reduction in selling price and  a comparative advantage.

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A long-term partnership correlates with health and happiness throughout adulthood and late adulthood. For most people, then, ___
Aloiza [94]

Answer:

Commitment

Explanation:

It can be defined as an agreement to do something in the future. It is a relationship among two or more people which is based on a mutual and agreed commitment to one another and includes trust, honesty, love. The different forms of committed relationships are close friendship, marriage, and civil unions.

5 0
2 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Tcecarenko [31]
Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace. 
3 0
3 years ago
True or False: When refusing an internal request, it is not a good idea to provide an alternative.
Lana71 [14]

Answer:

1st question: false Refusing internal requests often calls for an indirect strategy. Providing adequate reasons and realistic alternatives helps maintain goodwill and a positive working environment.

2nd question: True. Refusals for routine requests should open with a buffer, a neutral statement on which both readerand writer can agree, and should transition into the reasons.

6 0
3 years ago
Read 2 more answers
Which of the following will not create minimum contacts in a state sufficient to find personal jurisdiction on an out-of-state d
Maurinko [17]

Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.

Explanation:

With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.

Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.

Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.

7 0
3 years ago
Stockholders’ equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000
Scilla [17]

Answer:

$131,000

Explanation:

Given that,

Stockholders’ equity at the beginning = $94,000

net income = $24,000

Dividends paid = $9,000

Common stock issued = $22,000

Stockholders' equity at the end:

= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the total stockholders' equity at the end of the year is $131,000.

7 0
2 years ago
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