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avanturin [10]
4 years ago
14

How does specialization affect an economy more efficient?

Business
1 answer:
Setler [38]4 years ago
8 0
The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.
You might be interested in
The GUI of this OS was nicknamed AERO. Windows 98 Windows Millennium Edition Windows Vista Windows XP
Leona [35]

Answer:

Windows Vista

Explanation:

Windows Vista is an operating system created by Microsoft for personal computers including laptops, tablets, desktops. It has a graphical user interface visual which is called AERO.

AERO is the acronym for authentic, energetic, reflective and open. AERO graphical user interface was clearer and had more animations than previous created windows at that time causing it to have high video hardware requirements than the operating OS at the time.

5 0
3 years ago
If the beginning balance in Firestone Auto Repair's inventory account was a $4,000 debit, what is the new balance in the invento
maks197457 [2]

Answer:

$9,870

Explanation:

The computation of the  new balance in the inventory account after considering the new purchases is given below;

New balance is

= Beginning balance + value of the purchase.

where,  

Value of the purchase = purchase cost + freight cost- purchase discount

= $6,000 + $170 - $300

= $5,870

So,  

New balance is

= $4,000 + $5,870

= $9,870

4 0
3 years ago
The basic lesson of M&M theory is that the value of a firm is dependent upon: A. Size of the stockholders' claims. B. The to
weqwewe [10]

Answer:

The total cash flow of the firm

Explanation:

The M & M theory is a theory developed by Modgliani Miller about the capital structure of a company and its overall value .

The theory was first enacted under the assumption of a perfectly efficient market and when the effects of taxes and bankruptcy costs were not considered, However , he later developed another theory where tax and other costs are now considered to address the real world condition.

In summary , the basic lesson is that the value of a firm is dependent on the total cash floe of the firm.

3 0
3 years ago
Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the M
Eddi Din [679]

Answer:

The current values for BEp and margin of safety before the proposed changes are:

BEP units: 7,800

in dollars: $ 358,800

Margin of safety:

2,200 units or $ 101,200 of sales

Explanation:

The break even pont is the level of salesthat makes the operating income equal to zero. the margin of safety is the amount above this level at curernt sales.

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

Contribution per unit: $23

Fixed Cost $179,400

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

179,400 / 23 = 7,800

In dollars: 7,800 units x $46 each = $ 358,800

Margin of safety:

10,000 - 7,800 = 2,200

in dollars 460,000 - 358,800 = 101,200

3 0
3 years ago
A sporting equipment store expects to purchase $8,200 of ski boots in October. The store had $2,800 of ski boots in merchandise
Nana76 [90]

Answer:

$9,200

Explanation:

Calculation to determine the budgeted cost of goods sold for October

Using this formula

Budgeted cost of goods sold for October =Cost of ski boots + Inventory at the beginning - Inventory at the end

Let plug in the formula

Budgeted cost of goods sold for October = $2800 + $8200 - $1800

Budgeted cost of goods sold for October= $9200

Therefore the budgeted cost of goods sold for October is $9,200

5 0
3 years ago
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