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leonid [27]
3 years ago
9

When an economy relies on specialization, _______.

Business
1 answer:
crimeas [40]3 years ago
5 0

Answer:

The correct answer is letter "C": trade enables individuals to obtain the goods in which they do not have a specialization.

Explanation:

British economist David Ricardo (1772-1823) in his book "<em>Principles of Political Economy</em>" (1817) proposes countries should specialize in the production and export of products they are more efficient at. Then, those countries could obtain the products they are deficient in manufacturing importing them from more efficient nations. With this idea, Ricardo was establishing the basis of what is known today as "comparative advantage".

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Which of these banking services allows your paycheck to be transmitted electronically to your bank?
DiKsa [7]
The banking that allows that can be chase.
4 0
4 years ago
What benefit does a 401(k) plan provide over an IRA?
svetoff [14.1K]
Hello,

Your brainliest answer would be:

A benefit of 401k It is Less of investment risk.

Plz mark me brainliest!

Hope this helps!
5 0
3 years ago
Read 2 more answers
Suppose Raphael and Susan are playing a game in which both must simultaneously choose the action Left or Right. The payoff matri
erica [24]

Answer: Please refer to Explanation

Explanation:

The Dominant Strategy in a game is the strategy that a player will choose that will provide them with the highest payoff regardless of what the other player does.

In the above, the dominant strategy will be for RAPHAEL to choose LEFT.

By choosing left Raphael makes a payoff of 4 if Susan picks Left as well and a Payoff of 6 if Sudan picks Right. This is better than him picking Right and he will get a Payoff of 3 if Susan chooses Right as well.

The Nash Equilibrium is the strategy where both are making the best that they can given the strategy of the other player and deviating from it will give them less pay out.

The dominant strategy therefore is for RAPHAEL to choose LEFT and for SUSAN to choose RIGHT.

This is because Raphael will pick Left as it maximises their payoff and Susan will then pick a strategy that gives her the highest payoff based on Raphael's decision which is to go RIGHT.

7 0
4 years ago
The main risk in a strategic alliance is that? a. critical employees will be hired away by the strategic partne
Evgesh-ka [11]

Strategic alliances generally include the risk of one partner will make advantage of the other's information to strengthen its own competitive position.

A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom. Compared to a joint venture, which sees two companies combine resources to form a new company, the arrangement is simpler and less legally enforceable.

The collaboration between Spotify and Uber is a well-known example of a strategic alliance. Due to their strategic partnership, Uber customers may log in to Spotify and listen to their favorite music while riding.

To learn more about Strategic alliance

brainly.com/question/14014533

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8 0
2 years ago
Each of the following represents a good habit if you’re trying to prevent ID theft EXCEPT…
Eddi Din [679]

Answer:

The correct answer is letter "C": Using one very secure password for all of your major financial accounts.

Explanation:

Using one password -r<em>egardless of how secure it could be</em>- for all the different accounts an individual might have increases the chances that in front of identity theft, the attacker will get the most of the individual's financial assets. <em>It is recommended to have different passcodes with different accounts and avoid using personal information within the passwords.</em>

5 0
3 years ago
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