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Scrat [10]
3 years ago
11

What are three of the common factors that make local economies different?

Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

Marketplace, advancements in technology, and investments

Explanation:

Various factors are involved which make a local economy different such as marketplace, advancement in technology and investment. These three are the most important and critical factors which distinguish local economies from the global or international market. The above three factors are important for economic growth and can take an economy from a developing to a developed economy.

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Which ones the right answer? ignore where i selected
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Answer:B

Explanation:

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In preparing a sales forecast, it is desirable to have forecasts covering the "most likely", "best case" and "_____ case" scenar
zlopas [31]
The answer for this should be letter D
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Household​ production, such as baking bread at​ home, is not included in gdp because it.
Darina [25.2K]

Household​ production, such as baking bread at​ home, is not included in GDP because it <u>does not involve a market transaction.</u>

<u></u>

<h3><u>What exactly is a market transaction?</u></h3>

The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.

These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.

Learn more about GDP with the help of the given link:

brainly.com/question/16931817

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6 0
2 years ago
A product has three components, A, B, and C, with reliabilities of 0.95, 0.98, and 0.995. Engineers intend to put a redundant co
Ratling [72]

Answer:

The system reliability will RISE

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Reliability is simply the probability that a product will function for a specified time under stated conditions. When there's a decrease in the number of components connected in a series, the reliability of the system usually rises. Reliability minimizes failure, improves maintenance effectiveness, shorten repair time and meet customer and organization expectations.

7 0
3 years ago
Which is not one of the strategies for answering analogy questions on a test?
Katen [24]
These are the strategies for your question. (the question could be worded better)

1. Practice
2. give the exact answer called for
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4. Find a word for the possible relationship
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6. Make educated guesses

This should help, anything not on here is an incorrect strategy.
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