1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Norma-Jean [14]
4 years ago
12

How can specialization benefit both producers and consumers in a free market economy?

Business
1 answer:
love history [14]4 years ago
8 0
Specialization benefits buyers and sellers. Focusing on a limited number of related products or services allows them to use capital and labor more efficiently.So , buyers get better products at lower price and sellers sell more products and they manufacture more products at lower costs.
You might be interested in
When interests rates are high it costs less money to borrow money true or false?
vovikov84 [41]
False.

When the rates are high you have to pay more money to borrow
5 0
3 years ago
Read 2 more answers
Type the correct answer in the box. Spell all words correctly.
zubka84 [21]

Answer:

motivated to take action at the product purchase stage of advertising.

Explanation:

6 0
3 years ago
The board of directors for tundrapro, inc., is searching for a new ceo. the firm is in need of new direction after suffering sev
larisa86 [58]
The board needs employees who have transformational qualities as well.
7 0
4 years ago
Insight Guides, a line of travel books, provide travelers with background information about the peoples' beliefs, values, and cu
astra-53 [7]

Answer:

culture

                               

Explanation:

Insight Guides refers to a travel company based in London, England, having operational offices in Singapore and Warsaw, established by Hans Johannes Hofer. They offer customized vacation packages to thousands of locations all over the world and also a range of full-color guide books. They even manufacture tourists ' charts, globes, and traveling accessories.

Insight Guides announced a new website in September 2015, focusing on the sale of customized package deals crafted by real experts. They often publish stuff and updates relevant to travel on their forum.

6 0
3 years ago
How can businesses addressing unemployment?
vfiekz [6]
Small businesses are actually the major engine of the economy, especially now that much of our manufacturing jobs have moved overseas, so they play a crucial role in employment.
8 0
4 years ago
Other questions:
  • Boston Company purchased equipment by signing a noninterest-bearing note with a face value of $64,800. The list price of the equ
    9·1 answer
  • The following data were extracted from the income statement of Keever Inc.: Current Year Previous Year Sales $18,500,000 $20,000
    15·1 answer
  • When the economy falters, people often look to the government to help push the economy forward again. In fact, the government us
    15·1 answer
  • You are thinking about buying a house. You find one you like that costs $400,000. You learn that your bank will give you a mortg
    14·1 answer
  • For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average v
    11·1 answer
  • Selected information from Jacklyn Hyde Corporation's accounting records and financial statements for 2021 is as follows ($ in mi
    5·1 answer
  • Discuss <br>any five roles of<br>entrepreneurship in the economic<br>growth of a country ​
    11·1 answer
  • Features of wealth definition <br><br> 10
    10·1 answer
  • Explain any 2 objectives of a multinational firm with regard to its compensation policies?
    6·1 answer
  • What happens to the equilibrium price and quantity when demand increases and at the same time supply decreases, but the demand s
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!