1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
3 years ago
12

Which best describes how consumers may benefit from specialization? Consumers can only purchase high-quality goods. Consumers ha

ve more price options. Consumers receive more sale offers. Consumers find products at lower prices.
Social Studies
2 answers:
Fantom [35]3 years ago
8 0

Consumers have more price options.

Consumers may benefit from specialization because they have more price options. Specialization allows the formation of different price range, which allow consumers to decide how and if they want to spend their money on a good/service considering also the price tag as a indicator of the quality of the good/service.

Slav-nsk [51]3 years ago
6 0

Consumers benefit from specialization because consumers find products at lower prices.

Further Explanation:

Specialization refers to the idea that in a specific economy, companies focus on develop a specific good or service for consumers. An example of this might be a company that produces cell phones for consumers to buy. By having numerous companies that follow this model of specialization, consumers within the economy benefit.

Competition between companies specializing in the same good or resource  benefits customers, as these companies will keep each other in line in terms of price setting. If goods are of equal quality, if company A charged $500 for their phone while company B charged $100, company A would run out of business after a short time if they do not adjust their prices. This is one of the many benefits of specialization in a free enterprise system.

Learn More:

Characteristics of a Free Enterprise System- brainly.com/question/1338922

Key Details:

Topic: Economics

Grade Level: 9-12, College

Keywords: Specialization, consumers, economics, prices

You might be interested in
Women are often victimized by their intimate partners, whether in married or dating relationships. How many high school girls ar
Andrew [12]

The correct answer to this open question is the following.

As your question is so general with no specific reference, we can comment on the following.

According to the organization "Love Is Respect, one of ten students of high school has been hit or slapped by its couple. One in three H.S. students has been a victim of some kind of abuse from its partner. The abuse could have been emotional, verbal, physical, or sexual. And the consequences of these types of aggression last for many years.

Another terrible number is that in one year, approximately 1.5 million of H.S. students have incidents related to physical violence from its romantic partners.

These types of violence start when girls are 12 to 18 years old. And from 16 to 24 years, girls experience the most violent conduct from their partners. And all of this has to change because women deserve the utmost respect.

4 0
3 years ago
How many terms does a Senator serve
Setler [38]
Senators serve 6 years terms and elections over Senate are staggered over even years. So only one third of senate is up for reelection.
6 0
3 years ago
Which portion of the Texas government is responsible for redistricting in Texas?
Novosadov [1.4K]

The Legislature portion of Texas Government is responsible for redistricting in Texas.

<h3><u>Explanation:</u></h3>

The process in which state legislative district boundaries and new congressional boundaries are drawn is known as process of Redistricting. In Texas state legislature is responsible for drawing congressional and state legislative district boundaries. The state legislature has to get an approval from The Legislature of Texas of its redistricting plan.

The Redistricting process occurs often once in a decade. The main purpose of redistricting after every decade is to achieve political advantage for legislators. Legislative districts are redrawn under this process. Political power is majorly affected by redistricting because the control of political parties over congressional, state and the local government is decided by this process across the country.

7 0
3 years ago
you where the chairperson of the National Planning Commission, what new project will you launch In Nepal? why?​
erik [133]

Answer:

it is helpful for you ok have a good time

8 0
3 years ago
Researchers suggest a likely explanation for collaborative _____ is that, when recalling items together, the retrieval strategie
slavikrds [6]

Answer:

Collaborative inhibition.

Explanation:

As the exercise suggests, collaborative inhibition happens when, for example, recalling items together, the retrieval strategies used by individual members of the group disrupt those used by others. Therefore, this phenomenon happens when a group of individuals who are together remember less information than the same quantity of individuals would remember if they worked alone. For example, if a group of 4 students had to remember the assigment in full detail, if collaborative inhibition happens, they would disrupt the information among themselves making the same 4 students, separated, more capable of remembering the information.

6 0
3 years ago
Other questions:
  • ChemTech International is being picketed by a group of people who live by their biggest plant. The group is concerned about Chem
    9·1 answer
  • Samantha works in a place that is hierarchical in nature, has a division of labor, written rules, communications and records, an
    15·1 answer
  • Under the Endangered Species Act, what federal agency is responsible for preparing a list of species that are in danger of becom
    5·1 answer
  • What kind of reasoning is used in the following statement? Because the crime-reduction policy I propose has worked successfully
    13·1 answer
  • Detecting your best friend in the lunchroom crowd reflects the processing of ______.
    5·1 answer
  • What changes in england helped motivate colonists to settle in north america
    9·1 answer
  • How did relations between Catholics and Muslims affect trade?
    7·2 answers
  • Por que llamaban a Sparta un oligarquía
    6·1 answer
  • This machine is accompanied by a mouse​
    14·1 answer
  • 1. Is there a dependency ratio in this country? If so, what is it?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!