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Alexxandr [17]
3 years ago
11

What is one major effect of specialization on an economy?

Business
1 answer:
SashulF [63]3 years ago
5 0

Answer:

C. Labor becomes more divided as workers focus on certain skills.

Explanation:

Apex- Econ

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Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc
Lelu [443]
I think the answer is C, Scarcity.

But it depends, are you talking about plants or the consumer market? Because there also is specialization that occurs in flora species as well.

But I hope this helps!
6 0
4 years ago
Read 2 more answers
1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de
icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The  total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.

First derivative of total income ---> 25-24p

And MR = P

25-24p=p

25=25p

<h2>p=1</h2>

8 0
3 years ago
Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800.
abruzzese [7]

Answer:

A

Explanation:

Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800. What is the equity multiplier?

6 0
3 years ago
Hallie has an annual salary of 58000 and her company pays her twice a month. what is the gross income per paycheck that Hallie r
Varvara68 [4.7K]

Answer:

<u>$2416.67</u>

Explanation:

A_P-E_X

8 0
3 years ago
Identify which characteristic describes common stock (CS) or preferred stock (PS) financing. May have cumulative and participati
shepuryov [24]

Answer:

Common Stock (CS)

  • Places minimum operating constraints on the firm. - Common stock does not have to be paid dividends so place no obligations on the firm.
  • Last to receive distribution of assets in the event of bankruptcy and liquidation. - CS is paid last when assets are liquidated as debt and preferred stockholders are paid off first.

Preferred Stock (PS)

  • May have cumulative and participating features. - Can be cumulative which means that if dividends are not paid in one year, the dividend will be accrued and eventually paid or they can be Participating which means that they can receive more dividends than they are entitled to.
  • May be convertible into another type of security. - Preference shares can be converted into other securities such as Common stock.

7 0
3 years ago
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