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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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Real estate Agent,is the right answer
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Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Departme
artcher [175]

Answer:

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Total cost A                                                 $234,630       $293,360

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Cost per equivalent unit (A/B)                  <u>$23.70     </u>       <u>$31.21      </u>

8 0
2 years ago
The basic difference between a good and a service is that a good:
alexgriva [62]

Answer:

The correct answer is letter "B": can be physically touched.

Explanation:

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6 0
3 years ago
the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start
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The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

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To know more about Friedman click below:

brainly.com/question/6803976

#SPJ4

3 0
1 year ago
Lance lopes went to his bank to find out how long it will take for $1,500 to amount to $2,700 at 15% simple interest. can you so
denis23 [38]
To find simple interest: 

Time = Interest/(Principle)(Rate)

Interest is the amount of interest paid
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P=Principle amount of $1,500
I=Interest amount of $1,200 (Take the new amount of $2,700 and subtract from the principle that is $1,500 which gives you $1,200)
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t=unknown

T=I/PR

T=1,200/(1,500)(.15)
T=1,200/225
T=5.3 years 

It would take Lance roughly 5.3 years
3 0
3 years ago
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