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3 years ago

It is clear that to produce the maximum material comfort for its citizens, a nation needs to _______.

Business

1 answer:

mariarad [96]3 years ago

6 0

Answer:

(D) Specialize in producing something that it is relatively good at producing.

Explanation:

When a country specialises in production of a good it is relatively good at producing, its citizens will not find it difficult to manufacture the good for local consumption and export.

If the country needs product it is not good at producing it imports it from other countries that have a competitive advantage in producing it.

This will produce maximum material comfort for its citizens.

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Please use the labels to correctly order all aspects of the National Saving and Investment Identity.

Harman [31]

Answer:

Private Savings + (Imports – Exports) = Investment + (Government Spending – Tax)

Explanation:

This relationship expressed in the equation above is a macro economy equation which is correct and implies that the quantity supplied of financial capital is equal to the quantity demanded of financial capital.

Supply of financial capital is represented by "Private Savings + (Imports – Exports)", while the demand for financial capital is represented by "Investment + (Government Spending – Tax)".

I wish you the best.

4 0

3 years ago

Physical capital differs from raw materials in the sense that raw materials A. have a longer useful life in production B. are co

Komok [63]

Answer:

D. are used up in production

Explanation:

Raw materials can be seen as the "ingredients" required to produce a good and, thus, are consumable (used up in production). Physical capital refers to lasting goods that are assist the production process like buildings or machinery and are not consumable.

4 0

2 years ago

Bill is trying to decide what combination of bananas and apples to buy. A banana costs half as much as an apple. If no apples ar

tia_tia [17]

Answer:

To maximize utility, Bill can will buy one banana and one apple.

Explanation:

Utility maximisation refers to the concept that individuals and firms seek to get the highest satisfaction from their economic decisions.

For example, when deciding how to spend a fixed some, individuals will purchase the combination of goods/services that give the most satisfaction.

The theory of Utility maximization highlights two fators

combination of goods
Highest satisfaction that is cost effective

if a banana cost half as much as an apple,

Cost of banana = cost of apple/2

cost of apple - cost of banana × 2

Assuming the cost of one banana is $1

The cost of buying 6 bananas = 6×$1 = $6

the same $6 can only buy 3 apples

Therefore the price of apples is $2

If the total amount available = $6,

It can purchase one banana and one apple.

8 0

3 years ago

An accounting entry that is characterized by having multiple debits and/or multiple credits is called a ________ entry. A. com

mario62 [17]

Answer:

A. compound journal entry

Explanation:

Compound journal entry -

It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .

It is the combination of various simple journal entries together to form a compound journal entry .

Hence , from the given information of the question,

The correct option is A. compound journal entry .

8 0

2 years ago

__________ are common development types which usually include a range of housing types along with recreational amenities, suppor

Neko [114]

Master-plan communities are common development types that usually include a range of housing types along with recreational amenities, supporting retail, and other commercial activities.

<h3>What are master-plan communities?</h3>

A planned community, planned city, planned town, or planned settlement is any community that has been meticulously planned from the start and is often built on previously undeveloped territory. In contrast, settlements emerge in a more haphazard and organic manner.
The word "new town" refers to planned communities associated with the new towns movement, primarily in the United Kingdom.
Master-plan communities are popular types of development that often feature a variety of dwelling types as well as recreational amenities, supporting shops, and other commercial operations.

As the definition itself says, Master-plan communities are popular types of development that often feature a variety of dwelling types as well as recreational amenities, supporting shops, and other commercial operations.

Therefore, master-plan communities are common development types that usually include a range of housing types along with recreational amenities, supporting retail, and other commercial activities.

Know more about master-plan communities here:

brainly.com/question/839335

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7 0

1 year ago