Diminishing returns to specialization suggests that it is worthwhile for companies to Blank______. Multiple choice question. specialize until that point where the resulting gains from trade are outweighed by diminishing returns specialize in goods in which they have comparative advantage produce goods in which they have absolute advantage and gain from trade produce a wide range of goods and services and not specialize in one particular good or service

Answers

Answer 1

The diminishing returns to specialization suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.

What is the diminishing returns to specialization?

This diminishing return happens when the resources can move freely from the production of one good to another within a country.

However, its suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.

Therefore, the Option A is correct.

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Related Questions

A problem in developing effective compensation for teams is that: Multiple choice question. rewarding individuals erodes cohesiveness rewarding individual performance is a new way to pay people rewarding individuals builds cohesiveness rewarding all team members equally is most fair

Answers

A problem in developing effective compensation for teams is that rewarding individuals erodes cohesiveness. Thus the first option is correct.

What is Cohesiveness?

Cohesiveness refers to the act or the property of togetherness. in the group , cohesiveness can be seen when the group performs the activity. It is important to have cohesiveness in every group for the accomplishment of the task.

When a individual in a group is provided a compensation it leads to dispute and chaos which erodes the cohesiveness of the group. Thus the first option is correct.

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Andre completed a job interview two days ago. He thought it went really well, but he hasn’t heard back from the company. Thinking back to the final moments of the interview, Andre tries to recall whether the interviewer gave him a timeline of when he could expect an answer. Explain how Andre might express his interest without indicating that he has forgotten some of the conversation.

Answers

Answer:

It would be best if he were to call the company and ask for an update on his employment from the interviewer that he had. Even if they gave him a timeline, it still looks good on him. He could also tell them that he had forgotten that piece as well, if he wanted. Employers want hard-working, dedicated, and HONEST workers. Honesty will always take you a long way.

On july 1, a company receives an invoice for $800 with term 1/10, net 30.

Answers

The payment to be made on the invoice for $800 with term 1/10, net 30 will be $800, as the discount period has lapsed on the date of payment.

What is payment?

The dues, which are liable to be cleared off by the borrower or the buyer to the seller or owner of the goods being exchanged, are known as payments.

When discount is offered on payment for an invoice with terms of 1/10, the discount on payment shall lapse after 10 days and thus, full amount has to be paid on July 15, which is 14 days after the receipt of invoice.

Hence, the payment to be made is explained as above.

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Withdrawing money from an ATM is a good example of how a ______ works. Select your answer, then click Done.

Answers

Withdrawing money from an ATM is a good example of how a transaction processing works.

What is money?

It should be noted that money simply means a medium of exchange or a means of payment that can be used to carry out a particular transaction.

In this case, withdrawing money from an ATM is a good example of how a transaction processing works.

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The choice of a compensation system is very important to managers because: Multiple select question. incentives affect motivation employees will only comply with union rules it affects efficiency and productivity employees receive annual pay raises

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The choice of a compensation system is very important to managers because it affects efficiency and productivity employees. Thus the option 3rd is correct.

What is compensation?

Compensation refers to the monetary reward given to the employees for their performances in the company. In the workplace, employees earns the compensation.

It includes salary or wages in addition to commission and any incentives or perks that comes as the reward to the employees. It is basically the incentives provided to them in order to motivate them.

The compensation increases the productivity and efficiency of the employees as it boost the confidence and makes the them feels that they had accomplished something in the organization.

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Amari and his four best friends decided they would save up and get tickets to see their favorite basketball team play in a nearby city for spring break of their senior year of high school. during his junior year, he started saving money for the big trip. what type of financial goal is this?

a) short term goal
b) mid-term goal
c) long-term goal
d) emergency expense

Answers

B) mid term goal I would think

During his junior year, he started saving money for the big trip. This type of financial goal is called a mid-term goal. Thus, option B is correct.

What is a financial goal?

A financial goal can be defined as the target or how the money will be managed. It is dependent on the money you earn, expenses, saving, or investing. A person form or an individual can set his or her own financial goal depending upon their requirement of a financial goal is pension planning.

As Amari and his friends decided that they needed money for their future plan that is not in the immediate time but would take some months that means that they're planning a midterm goal.

Even though they might take more time to actually accomplish relatively brief targets, midterm goals frequently have a smaller schedule than long-term aims. Therefore, option B is the correct option.

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Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of hamburgers?.

Answers

It is likely that the increase in the price of hamburgers is related to the fact that demand is greater than supply.

What is the law of supply and demand?

It is an economic approach to understanding the economic factors that influence the quantity of a product supplied in a market and its price.

Therefore, when there is more demand than supply for a good available in the economy, it means a situation of scarcity, which makes prices rise.

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Equipment with a book value of $82,000 and an original cost of $169,000 was sold at a loss of $36,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000. Stock investments were sold for $95,600 cash, yielding a gain of $14,000. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

Answers

The net cash flow from investing activity is equal to $450,600.

What is Investing Activity?

The investing activity is regarding the purchase and sale of long-term assets. The sale of long-term assets is added to the cash flow, on the other hand, the purchase of fixed assets is deducted from the cash flow.

Cash flow from Investing activity:

Sale proceeds from equipment (Book Value - loss)      $46,000

Purchase of new truck                                                   -$106,000

Sale of land                                                                     $415,000

Sale of Stock investments                                               $95,600

Net cash flow from investing activity                         $450,600

hence, the net cash flow from investing activity is equal to $450,600.

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Interview a business owner/manager on the Crisis experienced in the workplace. Attach an interview schedule as part of your oral presentation.

Answers

There are several crises experienced by employees during recent pandemic. So, in an interview with a business owner regarding the crisis experienced, one can ask about how can businesses deliver better outcomes in times of a crisis.

What is an interview?

An interview is a meeting or a formal consultation at which information is obtained (as by a reporter, television commentator, or pollster) from a person.

It is a conversation in which you and an employer exchange information. The main features of the interview are conducted in the form of conversation, which is shaped by certain guidelines and questions between the researcher and the respondent. It is used in surveys and participant observation methods.

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A couple advises a banker that their total income includes both salary and disability payments. How should disability payments, which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.

Answers

The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.

How do you calculate disabilities?

In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.

One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.

Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

The use of SSA Notice of Award or any equivalent document “does not have a defined expiration dateThe use of income from this source that qualifies income.

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An airport wants to make its luggage-handling process faster and simpler for travelers. A data analyst examines and evaluates how the process works currently in order to achieve the goal of a more efficient process. What methodology do they use

Answers

To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.

What is a  gap analysis?

Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.

Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.

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Drag each tile to the correct box
determine the type of risk each investment is likely to incur
business risk
call risk
liquidity risk
taxability risk
lee purchased municipal bonds
issued by a government entity.
valerie bought bonds that include
a feature to pay the bonds back
earlier than the maturity date.
brian used most of his savings to
purchase the stock of a big
company
aj invested all of his savings in
a rental home.

Answers

The kind of risk that the given investments might incur are:

Lee purchased municipal bonds issued by a government entity - Liquidity risk. Valerie bought bonds that include a feature to pay the bonds back earlier than the maturity date - Call risk. Brian used most of his savings to purchase the stock of a big company - Business risk. Aj invested all of his savings in a rental home - Taxability risk.

Which risks do these investments face?

Municipal bonds are usually illiquid which means that buying them comes with liquidity risk. Buying stock comes with business risk because the stock might lose value if the company performs poorly.

Call risk occurs when the issuer of a bond can pay back the bond before it matures.

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Answer:

C. B. A. D.

expiation:

in that order

What is the first step you should take when you want to open a savings account?
A. Make your initial deposit.
B. Present your photo ID to the bank
representative.
C. Review the different savings account options
that your bank offers.
D. Go to the bank and fill out an application.

Answers

The first step that you should take when you want to open a savings account is go to the bank and fill out an application form.

What is saving account?

A saving account refers to a bank account that includes a limited number of withdrawals, lack of cheque and linked debit card facilities.

The first step you should take when you want to open a savings account is go to the bank and fill out an application.

Therefore, D is the correct option.

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Positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ economic events. Multiple choice question. avoids; scientific; actual avoids; normative; actual encourages; scientific; potential encourages; scientific; actual encourages; normative; potential

Answers

Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.

What is positive economics?

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.

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A production possibilities curve (PPC) illustrates the attainable combination ______. Multiple choice question. of two goods that can be produced given a specific set of resources of two goods that can be produced given a limited amount of income of two goods that can be produced given an unlimited amount of resources of many goods that can be produced given an unlimited amount of resources

Answers

A production possibilities curve (PPC) illustrates the attainable combination of A. of two goods that can be produced given a specific set of resources.

What is production possibility curve?

It should be noted that the production possibility curve is important as it's used to improve efficiency and avoid wastage of resources.

In this case, a production possibilities curve (PPC) illustrates the attainable combination of two goods that can be produced given a specific set of resources.

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An employee at a chemical company noticed that several of the security personnel at the company allowed tankers to be filled over the legal limit with highly flammable gases. The employee gathered evidence of such instances and presented it to senior management. A few months later, the company had not acted, and the employee contacted the Occupational Safety and Health Administration. Less than a week later, the company fired him. Assuming that the employee had not had disciplinary issues and wanted to file a claim alleging he was wrongfully discharged, what would be the strongest basis for his claim

Answers

The strongest basis for his claim is that he was disciplined for doing what the law requires.

What is a claim?

It should be noted that a claim simply means the stance of an individual or perspective regarding an issue.

In this case, strongest basis for his claim is that he was disciplined for doing what the law requires. Therefore, he should not be wrongfully discharged.

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Assume straight-line depreciation and equal cash flows. A company plans to purchase equipment for $25,000. The equipment will have $0 salvage value and increase income by $7,500 annually during its 5-year life. The accounting rate of return is

Answers

Based on the purchase price of the equipment and the increase in annual income, the accounting rate of return is 60%.

What is the accounting rate of return?

This can be found by the formula:

= Average annual income - Average investment

The average investment is:

= Purchase price / 2

= 25,000 / 2

= $12,500

The accounting rate of return is:

= 7,500 / 12,500

= 60%

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Human services management includes grant writers, executive directors, program directors, and _____.
A. development directors
B. budget writers
C. disaster scene directors
D.support staff

Answers

Answer:

Your answer is A. development directors

Hope this helps!

____________________________________ tries to welcome participation by all organizational members and to view each person as valuable to the organization instead of focusing primarily on productivity. Systems Perspective Bureaucratic Management Scientific Management Human Resources

Answers

Human Resources Management welcomes participation by all organizational members and views each person as valuable to the organization instead of focusing primarily on productivity

What is Management?

This refers to controlling and organizing people and things for better and more effective productivity or output.

Hence, we can see that there are different types of management, and based on this, they have varied characteristics, but the kind of management that focuses on individuals, rather than productivity is human resources.

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An offering of fractional interests in oil and gas programs would be registered in a state by: A Filing B Coordination C Qualification D Any of the above

Answers

Any offering of fractional interests in oil and gas programs are required to be registered in a state by qualification.

Why are people's qualification required?

This is because there are many frauds selling these securities to investors, hence, the state law is written to make sure that these offerings get the most stringent review before they can be sold in a State.

Hence, because of this, any offering of fractional interests in oil and gas programs are required to be registered in a state by qualification.

Therefore, the Option C is correct.

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Many coffee shops will offer a 10-cent discount on coffee purchases if you bring in a reusable cup. This shows an example of

Answers

Many coffee shops will offer a 10-cent discount on coffee purchases if you bring in a reusable cup. This shows an example incentives.

What are incentives?

incentives serve as those items or actions that motivates or encourages people to do something.

Therefore, some sellers give incentives to customers to encourage them to buy more.

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_____ function of management is when a manager is responsible for organizing a staff and making sure the staff members have the necessary resources to do their jobs.


Organizing

Planning

Leading

Controlling

Answers

The organizing function of management is when a manager is responsible for organizing staff and making sure the staff members have the necessary resources to do their jobs. This is further explained below.

What is the Organizing function of management?

Generally, In order to achieve goals, the role of management is to establish an organization's structure and allocate human resources.

In conclusion, Management's organizing role is to ensure that employees are properly organized and equipped to carry out their duties.

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M2 is calculated by adding together time deposits, certificates of deposit, and ___________. Select all that apply. Select all that apply: M1 money supply money market mutual funds credit card purchases

Answers

Answer:

M1 money supply and money market mutual funds

Explanation:

M2 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, savings deposits, and traveler’s checks, otherwise known as M1, and less liquid monies including time deposits, certificates of deposits, and money market funds.

Deandre and Mason both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together renting surfboards, paddle boats, and inflatable devices in California. Deandre and Mason will equally share in the decision making and in the business profits or losses. Which type of business did they create if they both have full personal liability for the firm's

Answers

Answer:

General Partnership

Explanation:

The general partnership is the type of business did they create if they both have full personal liability for the firm's.

What is business?

Business is defined as the activity of creating, purchasing, and reselling goods in order to support oneself or earn money. A company can make money from the goods and services it provides. The word "business" derives from the verb "to be busy," which refers to action. It consistently functions.

General partnership is defined as a type of partnership where each member is responsible for the business ventures of the partnership. The parameters governing the division of earnings and losses, managerial activities, and interest transfers are negotiable in general partnerships.

Thus, the general partnership is the type of business did they create if they both have full personal liability for the firm's.

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Have a clearance of how many inches in the left side of a vehicle

Answers

5-9 inches is optimal for most cars and trucks

Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Multiple choice question.

Answers

Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Market research.

What is market research?

This can be referred to as all activities that are geared towards finding it the target market for which a product would be developed.

It helps to know the would be consumers of the product that is being created and also to know the needs of the market.

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Last year, talent show tickets were sold for $11 each and 400 people attended. it has been determined that an increase of $1 in ticket price would cause a decrease in attendance of 20 people. what ticket price would maximize revenue

Answers

Answer:

Explanation:

4800 - 300 ppl $16

or

4800 - 320 ppl $15

The key provisions of the sarbanes-oxley act include.

Answers

The Sarbanes Oxley act is related to the reform of corporate financial reporting and the accounting profession. This act is also known as SOX.

What are the Key provisions of SOX?

Following are key provisions of SOX:

certify the accuracy of their company's financial statements by the corporate executive.through assessing internal controls to prevent wrong, misleading, or fraudulent financial data.There are criminal penalties for misleading shareholders and altering documents to impede an investigation.

Thus, the SOX act is related to the reforms for corporate financial reporting and the accounting profession.

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Indigo Company has the following production data for June: units completed and transferred out, 60,000 and ending work in process inventory, 7,200 units that are 100% complete for materials and 30% complete for conversion costs. Unit materials cost is $5 and unit conversion cost is $7. Determine the costs to be assigned to the units completed and transferred out and the units in ending work in process inventory. Cost assigned to units completed and transferred out $enter a dollar amount Cost assigned to the units in ending work in process inventory $enter a dollar amount

Answers

1. The cost assigned to units completed and transferred out based on equivalent units for Indigo Company is $720,000.

2. The cost assigned to the units in ending work in process inventory based on equivalent units for Indigo Company is $51,120.

What are equivalent units?

Equivalent units show the weighted average value of work done on uncompleted processes or jobs.

Equivalent units are computed by multiplying the degree or percentage of completion by the physical units.

Data and Calculations:

                                              Materials                    Conversion Costs

Unit costs                                  $5                                      $7

Units transferred out             60,000                            60,000

Degree of completion               100%                              100%

Cost of units transferred out  $300,000 ($5x60,000) $420,000 ($7x60,000) = $720,000

Ending inventory                 7,200 (100%)                    2,160 (30%)

Cost of ending inventory   $36,000 ($5x7,200)        $15,120 ($7x2,160) = $51,120

Thus, the cost of units transferred out is $720,000 and the cost of ending inventory is $51,120.

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Kevin and Maria Rossi live in Swarthmore, PA. Maria's father, Rajiv, lives in Sweden.For each of the following transactions, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M). Check all that apply.Note: A product’s inclusion in one category does not necessarily imply that it is excluded from other categories.Transaction C I G X MThe state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. Kevin's employer upgrades all of its computer systems using U.S.-made parts. Maria gets a new video camera made in the United States. Rajiv in Sweden orders a bottle of Vermont maple syrup from the producer's website. Kevin buys a sweater made in Guatemala.

Answers

The component of the GDP includes consumption, investment, government purchases, exports, imports.

The drop-down for the given list includes:The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. - Government Purchase.

Kevin's employer upgrades all of its computer systems using U.S.-made parts. - Investment.

Maria gets a new video camera made in the United States. - Consumption.

Rajiv in Sweden orders a bottle of Vermont maple syrup from the producer's website. - Exports.

Kevin buys a sweater made in Guatemala. - Consumption & Imports.

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During previous flu seasons, small variations in the influenza virus resulted in the immune system's inability to full recognize and respond to flu exposure. As a result, the vaccine was less than 30% effective. This is an example of _____. please complete the dialogue A water barrel has a total volume of 1.25 cubic meters (m3). Use the fact that 1 foot is approximately equal to 0.3048 m to convert this volume to cubic feet (ft3). Round your answer to the nearest tenth. Do not type the units in the space below. Rafael is carefully weighing the many advantages and disadvantages of attending a large state university rather than a small local college. Which part of the brain can Rafael largely thank for the ability to make his decision A fly has two alleles for the color of its eyes. The green allele is recessive, andis represented by q. The blue allele is dominant, and is represented by p. If 44of 100 organisms are green, what is p?Homozygous dominant+ Heterozygous + Homozygous recessive = 1p+ 2pq+q=1A. 0.66B. 0.56C. 0.44D. 0.34 Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventory of $125,000, calculate unadjusted cost of goods sold. Multiple choice question. $395,000 $535,000 $520,000 $425,000 Mao zedongs 1958 program of encouraging industrialization through small-scale projects in peasant communes was called. Will give 50 points for the answer to this the sum of two consecutive integers is 65. what are the two integers? show steps please. How does the narrator react to the conflict in this passage? the narrator expresses sympathy toward the dog because of its living situation. the narrator feels embarrassed because the dog seems to be mocking him. the narrator remains calm and levelheaded as he tries to get away from the dog. the narrator becomes paranoid and fearful of the dog, so he picks up his arrows. help me plss ty in advance:)) If a 0.08 kg cell phone falls off a table at 15 m/s, then what is its kinetic energy right before it hits the ground? Which continent is Turkey in?a| Asiab| Africac| Europed| North America You are running a Python script that is supposed to write data to an open file, but discover that the file contents are not updating even after the script finishes. What is most likely the issue The diagram shows a right angled triangle. 11cm 8cm and x degrees. Find the size of angle x. Give your answer correct to 1 decimal place. Which is a function of the central nervous system? Ingenuity Sally is presented with two equal-sized balls of clay. The researcher takes one ball of clay and rolls it so that the clay is now a thick line. Sally is asked whether the ball of clay weighs more than the rolled-out clay, or if they weigh the same. Sally states that the rolled piece of clay weighs more. According to Piaget, why did Sally say that A spherical balloon is inflated with gas at the rate of 500 cubic centimeters per minute. How fast is the radius of the balloon increasing at the instant the radius is 70 centimeters 11.3 9 9 9 7.8 surface area of triangular prism In 1914, who controlled the shaded areas on the map?A. SpainB. GermanyC. FranceD. Great Britain