Answer:
c) workers specialize in various production tasks.
Explanation:
The division of labor means that people, instead of performing a large number of tasks by themselves, only perform a few, or a single task, for which they specialize.
The division of labor is a characteristic of the modern economy, and without it, the levels of production and technology that we have today would not be possible.
Answer: d. charge a high price to high-value consumers and a low price to low-value consumers
Explanation: Price discrimination as a selling strategy involves charging customers different prices for the same product or service. It is often based on what the seller thinks they can get the customer to agree to and that customers can be asked to pay more or less based on certain demographics or on how they value the product or service on sale. Therefore, for a firm to maximize total profits through price discrimination, it should charge a high price to high-value consumers and a low price to low-value consumers.
I did my research, and competition helps consumers by keeping the prices low and the services/goods fairly high. Competition helps our economy to grow, and the Commission helps to make sure markets are not only open, but free. I’m not sure if this is the answer you’re looking for or the right answer, but this is what I found from research.
Answer:
2018 loss for 1,500
2019 gain for 4,000
Explanation:
purchase at 715,000
December 31th 713,500
adjusting entry december 31th
loss on investment 1,500 debit
marketable securities 1,500 credit
january 3rd, 2019
cash 717,500 debit
gain on investemnt 4,000 credit
martetable securities 713,500 credit
to record gain on investment
