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2 years ago

The growth of industry is related to the growth of immigration in the late 19th century because:

Business

1 answer:

Hatshy [7]2 years ago

8 0

Answer:

Mark me as brain list

Explanation:

The researchers believe the late 19th and early 20th century immigrants stimulated growth because they were complementary to the needs of local economies at that time. Low-skilled newcomers were supplied labor for industrialization, and higher-skilled arrivals helped spur innovations in agriculture and manufacturing.

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Because of their relatively small national economies, which of the following is most likely considered to be the most important

Dovator [93]

Answer:

The correct answer is International Trade.

Explanation:

Specialization in economics is not limited to individuals and firms, the soul of microeconomics. It also has applications in macroeconomics, which studies the economic actions of nations, regions and entire economies. In a macroeconomic context, specialization means that nations concentrate on the production of goods in which they have the greatest advantage while making trade contracts with other countries to obtain other goods.

David Ricardo, another classic economist of the 18th century and the beginning of the 19th century, discussed the specialization based on comparative advantages that help determine if it is of greater benefit to manufacture a product in the country or import it. It assumes, for example, that the United States produces clothes and computers cheaper than India. While the United States apparently would have an absolute advantage, it would not have a comparative advantage, which measures the ability to produce in terms of opportunity cost. Because production resources are limited, opportunity costs to produce computers mean that less clothing is manufactured. Compared to what has been sacrificed, the country should specialize in producing goods over which it has a comparative advantage while importing the other product

5 0

3 years ago

Which of the following statements is NOT true regarding the importance of the role that an operations manager plays in addressin

sdas [7]

Answer:

B. The manager may be able to influence the quality of the service but has little control over the customers' expectation

Explanation:

8 0

3 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $28 per unit and whose variable expense is $2

Ket [755]

Answer:

Results are below.

Explanation:

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 9,500 / (28 - 23)

Break-even point in units= 1,900 units

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 9,500 / (5 / 28)

Break-even point (dollars)= $53,200

Finally, the fixed costs increase to $10,100:

Break-even point in units= 10,100 / 5

Break-even point in units= 2,020 units

Break-even point (dollars)= 10,100 / (5/28)

Break-even point (dollars)= $56,560

3 0

3 years ago

Henry Hutchins is discontent with his job but believes that his supervisor is a good man who will do whatever is necessary to re

Natalija [7]

Answer: (A) Loyalty

Explanation:

According to the given scenario, Henry hutchins is dissatisfied with his job but he believes to the supervisor of the company that he helps in reducing the stress and disappointment from the job.

The Henry repose to the given problem is refers as the loyalty as he shows faith to his supervisor and also shows the loyalty that he helps in improve the conditions of his job.

The loyalty is the term that shows the positive, reliable and the trust quality of the person that the one person devoted to other.

Therefore, Option (A) is correct answer.

7 0

3 years ago

In a perfectly competitive market, all producers sell goods or services. Additionally, there are buyers and sellers. Because of

maks197457 [2]

Answer: True, False

Explanation:

Perfectly competitive market is governed by the following characteristics,

a. Identical/homogeneous goods

b. Large number of buyers and sellers

c. Free entry and exit

d. Perfect information

Therefore, the above statement is true that in a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers.

The market for digital cable does exhibit the two primary characteristics that define perfectly competitive markets. Firms in a digital cable market have to sell the same product (like the channels they offer), they need to set the same price. Thus, the statement is false.

8 0

3 years ago

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