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Why do business benefit from urbanization?
Urbanization makes it possible for important infrastructure to come up and this means the cost of production and transportation goes down tremendously. Urbanization also makes it possible for a business to have more clients as the population of the urban center grows.
How do new businesses benefit from the freedom of a market economy?
Happiness
What did businesses in the 1950's do to benefit from a cheaper labor pool?
Expand overseas.
How is urbanization affected by all business?
Urbanization is significantly influenced by businesses as they drive economic growth, create jobs, and attract populations to urban areas. The establishment of industries and commercial centers leads to increased infrastructure development, such as transportation and housing, to support the growing workforce. Additionally, businesses often shape urban policies and land use, impacting the overall layout and functionality of cities. As a result, urbanization can lead to both opportunities and challenges, including issues related to congestion, housing affordability, and environmental sustainability.
What are some examples of how businesses can optimize their decision-making by comparing the marginal cost and marginal benefit of producing additional units of a product?
Businesses can optimize decision-making by comparing the marginal cost and marginal benefit of producing additional units of a product. For example, they can determine the point where the cost of producing one more unit equals the benefit gained from selling that unit. This helps businesses make informed decisions on how many units to produce to maximize profits.
What describes urbanization?
Urbanization occurs when people flock to locations around the central part of a city to build homes and businesses and they keep building outward and upward.
WHAT WAS A REACTION TO THE INCREASED URBANIZATION SECULARIZATION AND NEW SCIENCE OF THE TWENTIES?
In the twenties, there was increased urbanization in the form of people moving towards the cities from the country. This decade was also a time of science advancement and the secularization of schools and businesses. Some people and businesses pushed back, wanting more religion in things.
What was a reaction to the increased urbanization and secularization and new science of the twenties?
In the twenties, there was increased urbanization in the form of people moving towards the cities from the country. This decade was also a time of science advancement and the secularization of schools and businesses. Some people and businesses pushed back, wanting more religion in things.
Why do business benefit from urbanization?
Urbanization makes it possible for important infrastructure to come up and this means the cost of production and transportation goes down tremendously. Urbanization also makes it possible for a business to have more clients as the population of the urban center grows.
How do new businesses benefit from the freedom of a market economy?
Happiness
How do new businesses benefit from the freedom of market economy?
Happiness
What did businesses in the 1950's do to benefit from a cheaper labor pool?
Expand overseas.
What are the main benefit that businesses got from the typewriter?
It made it quicker to produce letters.
How consumers benefit from competition among businesses?
competition leads to lower prices
In the early 1800 both businesses and farms in the US benefit?
Easy credit
In the early 1800 both businesses and farms in the US benefit from?
Easy credit
How do businesses benefit from databases?
because their nanas are all 6 feet under
