Answer:
The answer should be true.
Explanation:
A market demand schedule is a graph that lists A) The quantity of the goods, B) The goods that the consumers want, and C) Their price.
Answer:
Man and environment are inter-related. The environment influences the life of human beings and also human beings modify their environment as a result of their growth, dispersal, activities, death, and decay, etc. Thus all living beings including man and their environment are mutually reactive affecting each other in a number of ways and a dynamic equilibrium is possible in between the two, i.e. human beings (society) and environment are interdependent.
Explanation:
The answer is D. Phoenician sailors traded with other cities in the Mediterranean region. hope this helps!
Hello There!
A pizza delivery restaurant's physical capital would most likely include machinery.
I'm not 100% sure, if not that you could try 'raw materials'
Hope This Helps You!
Good Luck :)
- Hannah ❤
Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
