Answer:
Specialization Leads to Economies of Scale
As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.
Explanation:
Answer:
The Momofuku Ando Instant Ramen Museum is an interactive food education museum that can be enjoyed by all as you learn about the history of instant ramen and the importance of innovation
They are least likely to have establishment of price ceilings.
An informed guess or assumption about a certain problem or set of circumstances is known as Hypothesis.
<h3>What is Hypothesis?</h3>
A hypothesis is an explanation for a phenomenon that has been proposed. The scientific process requires that a hypothesis be tested before it can be considered a scientific hypothesis.
Scientific hypotheses are usually based on past findings that cannot be properly explained by existing scientific theories.
Therefore, Hypothesis is a well-informed prediction or assumption about a certain situation or set of circumstances.
Learn more about the Hypothesis, refer to:
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Determines investments/ incomes. it lacks competition and efficiency but includes low levels of inequality and unemployment
