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Annette [7]
4 years ago
7

What does the process of specialization do for an economy?

Business
1 answer:
Rainbow [258]4 years ago
7 0
It makes production more efficient
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Identify the differences between the United States experiences during the Great Depression and the financial crisis of 2007-2009
PilotLPTM [1.2K]

Answer: The correct options are;

Option C

Option E :

Explanation:

The recent crisis led to more debt to GDP ratio jumped from 69% in 2008 to 79% in 2009. This level is higher than the maximum in the Great Depression and the increase in percentage points over two years is the same as that over six years during the great depression

Also,

The banking system was not hit hard during the great depression because the central banks of different countries were less coordinated, had different

objectives and policy instruments and some countries still had obligations and/or debts from

World War I. All countries had separate currencies, and lenders of last resort did not exist to

the extent they do today.

According to a discussion paper titled "The Great Recession versus the Great Depression: Stylized Facts on Siblings That Were Given

Different Foster Parents".

8 0
3 years ago
A seller listed her residence with a broker. The broker brought an offer at full price and satisfying terms of the listing from
schepotkina [342]

Answer:

The correct answer is owes commission to the broker.

Explanation:

The remuneration of real estate agents, in most transactions, is carried out as follows:

Two agents participate in the transaction: the one that represents the seller and the one that represents the buyer; It is the seller of the property responsible for paying the commission, which generally ranges between three percent (3%) and six percent (6%) on the sale price, and which is often divided into parts equal between both agents.

The homebuyer in most cases does not pay any commission to the real estate agent.

It is normal for the owner to try to sell his real estate directly, without hiring the real estate agent, based on the belief that this saves six percent (6%) of the commission charged by this professional; and it does not notice that in reality the direct sale supposes for the owner some expenses that, for the most part, equal that percentage; and, expenses which, are assumed by the real estate agent; being some of them, those mentioned above such as: Cost of printed advertising (flyers, brochures, "open-houses"), selection of potential buyers, visits to real estate; in short, a series of activities that translate into a benefit for the seller, insofar as the real estate agent assumes responsibilities that have not only an economic value, but a security and time value that prevents it from eventual stressful situations and risk to your person and your family group.

4 0
3 years ago
Lever Brothers, a worldwide leader in consumer products, follows a brand strategy in its personal care division with nine brands
puteri [66]

Answer:

The correct answer is C. Stand-alone branding.

Explanation:

In the model of independent brands (house of brands) different brands coexist independently acting on the basis of the different lines of business. This model allows attacking different market segments with specialist brands in each of them, but in the face of the great freedom it provides, minimal synergies between brands are used. For example, LVMH, the world leader in luxury products, has in its portfolio brands such as MOËT & CHANDON, DIOR, AG HEUER or SEPHORA, among others, which operate without any link to the corporate brand.

5 0
3 years ago
To an economist, utility refers to the______________.a. usefulness of a good or service.b. satisfaction that results from the co
frozen [14]

Answer:

The correct answer is letter "B": satisfaction that results from the consumption of a good.

Explanation:

Utility is referred to as the satisfaction or joy an individual perceives by consuming a good or service. The more the individual consumes that good the higher the satisfaction until a point where the joy starts to diminish and is eventually null. The concept of utility assumes individuals make rational decisions to maximize their benefits.

4 0
3 years ago
Item 5Item 5 Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them
dsp73

Answer: sampling

Explanation: Sampling is a statistical analytical technique where a number of observations are selected from a large population. Analysis is carried out on the sample and use to draw conclusion for the whole population.

4 0
3 years ago
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