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What are two possible trade off's for machenes that havemechanical advantage lower than one?
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Which of the following best explains why large companies have an advantage over smallercompanies?
Economics of scale make it possible to offer lower prices
Is price an advantage in the market?
Having a lower price is an advantage in the market because it increases demand.
What is the ability of an entity to produce a good at an opportunity cost that is lower than that of another producer?
Comparative advantage :)
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
How is a comparative advantage obtained?
by producing a product with a lower opportunity cost
Which of the following best explains why large companies have an advantage over smallercompanies?
Economics of scale make it possible to offer lower prices
Is price an advantage in the market?
Having a lower price is an advantage in the market because it increases demand.
What is the advantage of lower tax for the poor?
The Government is stupid.
What is the ability of an entity to produce a good at an opportunity cost that is lower than that of another producer?
Comparative advantage :)
What is advantage to biplanes?
Biplanes have more lift at lower speeds.
How does a decrease in height affect the actual echanical advantage of the inclined plane?
A decrease in height of the inclined plane will result in a lower mechanical advantage. Mechanical advantage is calculated as the ratio of the length of the inclined plane to the vertical height. Therefore, as the height decreases, this ratio decreases, leading to a lower mechanical advantage.
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
The existence of lower opportunity costs than competitors?
comparative advantage
How is a comparative advantage obtained?
by producing a product with a lower opportunity cost
What is the ability to produce a good or service at a lower opportunity cost than other producers incur is known as?
Comparative Advantage.
How do you figure out the speed advantage or force advantage of a gear combination?
if its lower than 1 it would be speed, if higher than it would be force
Name 1 advantage of the north?
Cooler. Lower air con bills.
