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4 years ago

Which statement best illustrates an example of economic specialization?

Social Studies

1 answer:

Sedbober [7]4 years ago

6 0

The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone."

This statement is correct because business specialization tries to focus on producing a very specific element to make it perfect to satisfy the necessities of its clients. Furthermore, companies bet on specialization because in this way they can have fewer competitors in the market, trying to increase the number of sales and the profit.

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3 years ago

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3 years ago

In a population, not all workers have a high school diploma. Suppose the size of the labor force increases but a smaller percent

ivolga24 [154]

Answer:

increase ; decrease

Explanation:

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Human capital input is defined as the labor input of the production adjusted for quality which is related to the skills and health of the labor. The knowledge, qualifications and skills are all formed a part of the human capital that leads to the creation of goods and products.

In the context, the larger labor force who do not have a high school degree will increase the human capital input because worker are in large number and so they will produce more products or services.

While those workers with high school degree will decrease the human capital input because they are smaller in number hence less production output.

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3 years ago

Joni is applying for a position at a local hospital as a receptionist. Which of these factors would have the MOST impact on her

Veseljchak [2.6K]

Answer:

D) Her success in extracurricular activities

Explanation:

In this scenario, Joni wants to become a receptionist at a local hospital, which requires abilities such as good interpersonal skills and excellent communication abilities and other personal attributes that are important in an environment that involves dealing with patients, such as kindness and the ability to display empathy.

From these options, her graduation rank, religious affiliation, or bilingual / multilingual capabilities are not as important as her success in extracurricular activities because the latter usually involve high levels or socialization and allow an individual to develop good communication skills.

It is important to mention that this also depends on where Joni is located as well, for instance, if this hospital is located in an area with a high level of diversity (e.g. London or Los Angeles), her ability to speak more than one language would also be highly relevant.

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