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stiv31 [10]
3 years ago
10

The point at which an economy is most efficiently producing its goods and services and, therefore, allocating its resources in t

he best way possible is known as
Social Studies
1 answer:
kicyunya [14]3 years ago
8 0

The point at which an economy is most efficiently producing its goods and services and, therefore, allocating its resources in the best way possible is known as  production possibility frontier

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A nation's competitiveness depends on the capacity of its industries to ____ and thereby maintain its competitive advantage.
jarptica [38.1K]

A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.

<h3>What is competitive advantage?</h3>
  • A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
  • These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
  • Comparative and differentiated advantages are two types of competitive advantages.
  • A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
  • When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.

To learn more about competitive advantage with the given link

brainly.com/question/15095207

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3 0
1 year ago
Which of the following describes the Panics of 1873 and 1893?
s344n2d4d5 [400]
The answer is C) <span>The economy took a downturn because of overproduction, declining stock markets, and deflation
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The Panic started due to economic problems in Europe, which reached the United States and impacted the The Northern Pacific Railway company, which then had an impact on government debt and eventually the failure of several banks.

Eventually, a chain reaction was created where jobs were lost, factories shut and a surge in unemployment.

The events started from the crashing of the Vienna Stock Exchange and eventually led to economic downturn in the great British Empire and the closure of the New York Stock Exchange for 10 days.
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5 0
3 years ago
Responsibility for emergency preparedness: A. Rests solely at the local jurisdictional level. B. Is divided between the Federal
Y_Kistochka [10]

Answer: D) Is shared by the whole community

Explanation:

  Responsibility for emergency preparedness is share among all the private sectors, individual citizens and majorly share by whole community.

Whole community basically determine the best way for emergency preparedness and understand the basic needs to strengthen their community. If the responsibilities are divided among all the community then, it ensure our own safety.

Therefore, It is the best way to take the responsibility for our own emergency preparedness.

6 0
3 years ago
Kayla sat in the meeting hall and listened to the different candidates for her state's open Senate seat. The candidates debated
bearhunter [10]

Answer:

A democracy

Explanation:

8 0
3 years ago
Explain the difference between occasional forgetfulness and Alzheimer’s disease.
grin007 [14]

Occasional forgetting of objects, dates and situations is normal for people and occurs for various reasons such as a situation of stress or extreme tiredness, this situation is temporary, so it is not repeated in time linearly.

On the other hand we see that Alzheimer's disease (AD), also called senile dementia of Alzheimer's type (DSTA) or simply Alzheimer's, is a neurodegenerative disease that manifests as cognitive impairment and behavioral disorders. Characterized in its typical form by a loss of immediate memory and other mental abilities (such as higher cognitive abilities), as nerve cells (neurons) die and different brain areas atrophy, this is an irreversible process .

6 0
3 years ago
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