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mart [117]
3 years ago
5

In economics , the what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in t

hose specific areas ?
A)Limitation
B)Capitalization
C)Specialization
D) Underutilization
Business
1 answer:
Korvikt [17]3 years ago
8 0
Specialisation is when individuals focus on perfecting a limited range of tasks so as to become experts in that particular field
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Which of the following questions must be asked about the use of resources
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Answer:

B. What is the most effective allocation?

Explanation:

Economics is the social study of how society allocates its limited resources to meet the unlimited need of its members. It involves the distribution of scarce resources to various sections of the community to meet different wants. Economist's primary concern is the efficient use of the available resources to achieve maximum benefits.

Economics will involve making decisions on the use of available resources. Economists will calculate the opportunity cost in every situation before making a decision. The purpose of finding the opportunity costs to determine the most effective ways of allocating resources.

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. Ellen has a thirty-year mortgage with level monthly payments. The amount of principal in her 82nd payment is $259.34, and the
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Answer:

Explanation:

See attached file for answer

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A 12-month insurance policy was purchased on Dec. 1 for $4,800 and the Prepaid insurance account was initially increased for the
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Answer:

Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400

Explanation:

The journal entry is given below:

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(To record insurance expense)

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Should the United States acced to the United Nations Law of the Seas without reservations?
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I think that the answer to this question should be based upon your opinion sorry if you were expecting the actual answer


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Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at Janu
lesantik [10]

Answer:

Compensation expense of $510,000 will be recorded each year 2021-2024

Explanation:

Stock option gives a right to employee to buy an amount of company stock at a given price in specified time period. It is charged as expense according to the fair value of the stock option every year until exercise-able date.

Compensation expense of $510,000 will be recorded each year 2021-2024

All the working is made in an MS Excel file and answer is made accordingly. Please find it.

Download xlsx
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