Answer:
Specialization Leads to Economies of Scale
As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.
Explanation:
Answer:
The United States had 4,355,000 military personnel involved in World War I. ... The U.S. Navy played a major role in helping to blockade Germany, keeping out supplies and hurting Germany economically. The U.S. forces that were sent to Europe during World War I were called the American Expeditionary Forces (AEF).
Explanation:
Answer:
B. They apply only to tangible assets.
Explanation:
A principal definition of real estate is as a bundle of rights associated with the possession, use, and disposition of property. Each of the following is a fundamental characteristic of property rights EXCEPT they apply only to tangible assets.
There are two types of property rights, the real and personal property rights. Examples of real property rights are landed properties such as a commercial complex while examples of personal property rights are stocks and bonds, patents.
Property rights does not only apply to tangible assets such as lands but also applies to non tangible properties such as intellectual property's, patents and bonds.