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3 years ago

6

In economics, what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in those

specific areas? A. limitation B. capitalization C. specialization D. underutilization

1 answer:

lisov135 [29]3 years ago

3 0

Answer:

C. Specialization

hope this helped i just took the test

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If the total revenue function for an item is R(x) = 35x - 0.25 x2 , first determine how many units x must be sold of the item in

Troyanec [42]

Answer:

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

Explanation:

We have given that the total revenue for an time is given by $R(x)=35x-0.25x^2$

Now for maximum revenue $R'(x)$ must be zero

$R'(x)=35-0.5x$

So $35-0.5x=0$

x = 70

Now maximum revenue will occur at x= 70

So maximum revenue = $=35\times 70-0.25\times 70^2=2450-1225=1225$

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

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3 years ago

Gavin tells Rod that he will pay him $400 to paint his house. Rod starts to paint, intending to accept. Halfway through his pain

natta225 [31]

Answer:

Gavin is allowed to revoke if he finds Rod's efforts half-hearted

Explanation:

given data

Gavin pay for paint his house = $400

solution

as given Gavin pay Rod for paint his house at $400 but Gavin want to revoke the offer so Either he accepts, or he does not accept the offer.

If he starts to paint the offer, and Gavin doesn't like his work, the offer may be canceled.

so scenario is Gavin is allowed to revoke if he finds Rod's efforts half-hearted

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Assume that the price of capital equipment, which can be used as a substitute for labor, decreases, and the substitution effect

agasfer [191]

Answer:

A

Explanation:

If price of equipment which can be used as substitute for labour then company will prefer to buy that equipment which will decrease the demand for labour in a perfectly competitive labour market. Equipment will work as the replacement of labour.

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Net exports of goods and services is defined as equal to?

Jet001 [13]

A. because The United States and other countries import and export goods for the need of there country.

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In logrolling, two or more Congress could create an agreement that each of them will give their vote to support the bills that pushed by each of them, so they collectively gained more power in the office.</span>

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