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s344n2d4d5 [400]
3 years ago
14

How can specialization benefit an economy?

Business
1 answer:
RSB [31]3 years ago
7 0
The correct answer to this question is letter "b. it makes production more efficient." Specialization benefit an economy is that <span>it makes production more efficient. In this way, specialization will help the company to focus on a specific product and make the production to be efficient. </span>
You might be interested in
A firm offers terms of 1.8/10, net 30. a. What effective annual interest rate does the firm earn when a customer does not take t
LUCKY_DIMON [66]

Answer:

a) 39.304%

b) 67.91%

c) 14.17%

Explanation:

a. Given"

Offer terms = 1.8/10

Now,

The Effective annual interest rate is given as:

= (\frac{\textup{100}}{\textup{100 - Discount rate}})^{(\frac{365}{total period - discount period})}-1

on substituting the respective values, we get

= (\frac{\textup{100}}{\textup{100 - 1.8}})^{\frac{365}{(30 - 10)}}-1

= 0.39304

or

= 39.304%

similarly,

b. for 2.8/10 net 30

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 2.8}})^{(\frac{365}{(30 - 10)})}-1

= 0.6791

or

= 67.91%

c. for 1.8/10 net 60

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 1.8}})^{(\frac{365}{(60 - 10)})}-1

= 0.1417

or

= 14.17%

8 0
4 years ago
How long is boot camp for a fire fighting candidate
Trava [24]
After a 12-week program of intense classroom and physical training (hands on), it will follow along with a 21-day Boot camp.


Hope this helped!
3 0
3 years ago
Which of the following does not affect the cost of automobile insurance
Scrat [10]
The color of your vehicle 
5 0
3 years ago
Choose the best inference based on the following statement from a corporation president: “Our employees are the greatest resourc
lord [1]
If this question has the same choices like the previous ones posted here, then the answer would be letter letter C. <span>The speaker is willing to improve workplace safety.
</span><span>
Choices to this question are:
a. The speaker is an environmentalist and wants to preserve resources.
b. The speaker is concerned that employees will be lazy.
c. The speaker is willing to improve workplace safety.
d. The speaker will not allow OSHA or the EPA to inspect their job site.</span>
4 0
3 years ago
Noah is a budding photographer who is proud of his work. He wants to share his photos with others online. Which of the following
gladu [14]

Answer:

The correct answer is the option B: Flickr.

Explanation:

Flickr is the name given to a <em>web site</em> whose characteristics involves the image and video hosting service for its users and the main purpose for this webpage is to give the user the possibility to <em>seek and sell photos</em> and videos in an ordenated date base where they can upload their images and videos to the site, as well as share them with the other users, creating at the same time an online social community. Therefore that it is understandable that <u><em>if Noah is trying to share his photos he will use Flickr in order to do that</em></u>.

6 0
3 years ago
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