The producers is practicing <u>specialization</u> when a manufacturer or a producer concentrates on one very specific product.
Answer: Option C
<u>Explanation:</u>
Specialization is when a producer produces only a particular kind of good and focuses on the production of that good. The producer of that good tries to reduce the cost of producing that good and increase in profit.
Proper efficient techniques are used and that too efficiently so that the resources used in that goods are also used judiciously and not wasted. This helps the producer of that good to become competitive in the market of that good and do better than others.
Answer:
Inflation means there is a sustained increase in the price level. The main causes of inflation are either excess aggregate demand (AD) (economic growth too fast) or cost push factors (supply-side factors). So, the government needs to release information on changes so people know these important factors.
Explanation:
Every time you go to the grocery store, you try to wait in the shortest line. but the lines always seem to be roughly the same length. Everyone else is trying to choose the shortest line, too.
Microeconomics studies the business behavior and decision-making of individuals, households, or firms. More specifically, this area of economics focuses on the interactions between those who buy products (consumers) and those who sell them (producers). They help describe general patterns of behavior.
High-income countries have built grocery stores as a living standard advantage for decades, so even with high growth rates, low-income countries can struggle to catch up.
Learn more about grocery stores at
brainly.com/question/23103804
#SPJ4
Answer:
I am pretty sure its The states
Explanation:
Answer:
Fatehpur Sikri Architecture
Fatehpur Sikri is a fortified city that is enveloped by 6-km long defensive walls with several entryways on three sides while fourth side borders on an artificial lake. The city features the Indo-Islamic architectural style and is constructed using red sandstone.
Explanation:
^ am I correct? or not
