When a manufacturer or a producer concentrates on one very specific product the producers is practicing what

1 answer:

7 0

The producers is practicing specialization when a manufacturer or a producer concentrates on one very specific product.

Answer: Option C

Explanation:

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.

You might be interested in

If you are feeling sad or low of energy, but are unsure of what is causing it, one way to identify the reason for the change is

Nastasia [14]

Answer:

C. Reflect on your current circumstances and try to identify what is changing and how that change is affecting your daily routine and life.

Explanation:

8 0

2 years ago

How is the annexation of Texas related to Westward Expansion and Manifest Destiny?

salantis [7]

Answer: It is related to Westward Expansion because the US was expanding westward by annexing Texas.

6 0

2 years ago

The responsibilities of the State Department include : a. formulating defense policy. b. appointing the Secretary of State. c. d

irinina [24]

Answer: d. staffing U.S. embassies and consulates worldwide.

Explanation:

The United States Department of State is the country's first line in foreign affairs and relations. They engage in actions geared at protecting and advancing American interests around the world as well as actions that contribute to the general well being of the world, all of which are in line with the President's foreign policy.

As the first line of communication with foreign entities, the Department of State maintains and staffs over 250 U.S. embassies and consulates worldwide which communicate with not only countries, but with international organisations as well.

4 0

2 years ago

Which statement defines the term inflation?

sleet_krkn [62]

Answer:

inflation occurs when price rise but the value of dollar remains the same.

4 0

2 years ago

Read 2 more answers

A construction company plans to build a certain number of apartment buildings and stores on a piece of land. This PPC shows the

Natalija [7]

The first question should be b) Shift to the right. Because there is an increase of a parcel of land and in the graph it is increased if shift to right.
The second question should be a) shift to the left. Because there is a decrease of a parcel of land due to the obstruction and the graph would shift to left.

5 0

2 years ago