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guajiro [1.7K]
3 years ago
7

"when economists say that money promotes ________, they mean that money encourages specialization and the division of labor."

Business
1 answer:
elena55 [62]3 years ago
5 0
<span>Economists say that money promotes efficiency. In this sense economists are arguing that money encourages specialization/division of labor. This makes sense in terms of people having the desire to earn more money. With money comes many valuable aspects of life. In order to make more money, individuals are encouraged to find and develop job security, which can be attained through specializations.</span>
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Importance of the different types of elasticity<br><br>​
WITCHER [35]

Answer:

<em><u>Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. When a product is elastic, a change in price quickly results in a change in the quantity demanded.</u></em><em><u>The concept of elasticity for demand is of great importance for determining prices of various factors of production. Factors of production are paid according to their elasticity of demand. In other words, if the demand of a factor is inelastic, its price will be high and if it is elastic, its price will be low.</u></em>

Explanation:

hope it helped you...mate!

5 0
3 years ago
Castle Brew Inc., a leading multinational beverage manufacturing company, coordinates with Waste Yard Inc., a waste management c
ycow [4]

Answer:

Socially responsible business

Explanation:

The company is investing in save the enviroment, so it is assuming his role inside the society. It is performing a policy which  does not seek profit, it seeks to generate a better and sustainable community and world.

It reduces waste and promotes recicling

5 0
3 years ago
1. How is inflation measured? Fill in the blanks to complete the passage about the CPI and the GDP deflator. The Consumer Price
Murljashka [212]

Answer:

First blank: Consumers

Second blank: GDP

Third blank: CPI

Explanation:

The Consumer Price Index is used to measure the basic basket of services and goods that a normal person often buys in order to have a decent quality of life, the GDP includes all goods and services produced, for example all the office equipment, or farm equipment that was produced by a countries economy, the average customer doesn´t need farm equipment nor office equipment that is why it is not taken into account in the Costumer Price Index.

8 0
3 years ago
Bruin Company reports current E&amp;P of $200,000 in 20X3 and accumulated E&amp;P at the beginning of the year of $100,000. Brui
Kipish [7]

Answer:

B. $300,000

Explanation:

For computing the dividend, the computation is shown below:

= Current E&P + accumulated E&P at the beginning of the year

= $200,000 + $100,000

= $300,000

The dividend is $300,000 which is less than the distributed amount i.e $400,000 So, the distribution of dividend is only $300,000 ,not the $400,000 and the same is considered.

6 0
3 years ago
Which of the following is not an indicator of the business cycle?
Svetach [21]
D Bc it is d is why it is d is correct
4 0
3 years ago
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