Specialization in production will increase output.
As any specialization in production will be achieved by specialized labor or technology, both the factor will produce per unit time and gives a comparative advantage.
Specialization is a production method that focuses on the production of a limited range of goods for a company to achieve a higher level of efficiency.
The more they focus on their work, the more efficient they are in that work. This means less time and money is spent producing goods. In other words, you can produce more goods in the same amount of time and money.
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Answer:
Note Contract Date Principal Interest Rate Period of Note (Term)
1 March 7 $12,000 5 % 60 days
2. May 21 $18,000 7% 90 days
3. October 26 $ 14,000 4% 45 days
1. Maturity date = 6 May
Interest expenses = $12,000*5%*60/360
Interest expenses = $100
2. Maturity date = 19 August
Interest expenses = $18,000*7%*90/360
Interest expenses = $315
3. Maturity date = 10 December
Interest expenses = $14,000*4%*45/360
Interest expenses = $70
Answer:
d) the supremacy clause
Explanation:
Lyndon a man from Maryland, receives a federal license to perform a commercial fishing boat in a particular region off the Maryland shore. Maryland's state legislature passes a law that bans all commercial fishing in that region. The state law most likely breaks <u>the supremacy clause</u>. In the supremacy clause, it authenticates that the federal laws made will be agreeable to it. Also, the agreements should be made under its authorization
-Sensorimotor. Birth through ages 18-24 months.
-Preoperational. Toddlerhood (18-24 months) through early childhood (age 7)
-Concrete operational. Ages 7 to 11.
-Formal operational. Adolescence through adulthood.
Answer:
The price is determined by government intervention and dictated to buyers anti sellers each buyer and teller knows it it illegal to conspire to affect price.
Explanation:
A perfectly competitive firm is a price taker, which implies that it must acknowledge the equilibrium price at which it sells products. In the event that a perfectly competitive firm attempts to charge even a modest sum more than the market price, it will be not able make any sales.
