a. resources can be moved where they're needed-------trade
Trade includes the exchange of products or administrations starting with one individual or substance then onto the next, regularly in return for cash. A system that permits exchange is known as a market.
Trade is a fundamental financial idea including the purchasing and offering of products and ventures, with remuneration paid by a purchaser to a dealer, or the trading of merchandise or administrations between parties.
b. workers have an incentive to improve their skills-------competition
Competition is the basic driver of execution and advancement. It benefits everybody by empowering us to browse a variety of fantastic items at reasonable costs. Competition additionally supports the selection of advancement as organizations develop and new thoughts prosper in the commercial center.
Customers remain to pick up the most from more prominent competition in the data innovation (IT) advertise. Reasonable and open competition implies bring down costs and more noteworthy decision.
c. wasted movements are eliminated-------------specialization
Specialization is a strategy for generation whereby a substance centers around the creation of a restricted extent of products to pick up a more prominent level of proficiency. Numerous nations, for instance, represent considerable authority in delivering the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises. This specialization is, subsequently, the premise of worldwide exchange, as couple of nations have enough generation ability to be totally self-maintaining.
Answer:
The correct answer is letter "B": $5 million.
Explanation:
Marginal Propensity to Consume (MPC) is a measure of how much consumption changes when income changes. MPC is calculated by dividing the change in consumption by the change in disposable income. Disposable income is the money households have available after deducting their expenses and taxes.
Thus, in the example:
<em>5,000,000 = </em><em>Change in consumption</em>
<em />
Then, <em>the change in consumption is $5 million.</em>
6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.
<h3>What is the cost of selling a home?</h3>
Several costs usually arises due to the fact that a person wants to sell the home that they own.
One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.
Read more on commission fees here:
brainly.com/question/24951536
Answer:
The statement is: True.
Explanation:
Human Resources (<em>HR</em>) is the department of an organization in charge of recruiting, selecting, and training employees so they can easily adapt to their work environment. Human Resource Management (<em>HRM</em>) is dedicated to allocating the potential of those employees in a way that they can be more productive to the point of creating a competitive advantage for the firm.
