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gayaneshka [121]
2 years ago
5

Supporters of free trade argue that it creates which economic benefit?

Business
2 answers:
Zepler [3.9K]2 years ago
7 0

Answer:

C. Increasing efficiency by allowing for greater specialization

Explanation:

A free economy is one where the forces of demand and supply determine production and consumption. The government or the central authority does not interfere with economic activities in a free economy.

In a free economy, the factors of production are held by the private sector. There is increased business competition as entrepreneurs have the freedom to open a business of their choice. Buyers have the liberty to buy from their preferred suppliers.  Businesses are profit-motivated, which forces entrepreneurs to be creative and innovative to win customers and make more sales. They have to specialize and increase their efficiency to be more competitive.  

Margaret [11]2 years ago
5 0

Answer:

c

Explanation:

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What is the opportunity cost of an investment?
anzhelika [568]

Answer:

B. The value of the next most valuable opportunity.

Explanation:

The opportunity cost of an investment is the value of the next most valuable opportunity.

7 0
3 years ago
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Answer:

The $20 ticket to the match.

Explanation:

The sunk cost would be the $20 ticket to the match.

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3 years ago
The skills, abilities and other characteristics needed to perform a job are detailed in a select one:
anzhelika [568]
The skills and abilities is called A. Job description
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3 years ago
Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.
saveliy_v [14]

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing-  is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the <em>what</em>; the actually good or service being offered for sale.

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Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

6 0
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Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d
Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

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