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What is a sentence with the word tariff?
Here is an example sentence with the word "tariff":Some people believed that the federation of Australia will lead to the removal of tariffs between states, which will benefit the country by lowering production costs and opening up new markets.
What is a direct benefit of the use of assembly lines in production?
Wasted motion is eliminated
How can consumers be wrong but still be using the principle of benefit when they decide to buy something?
Consumers are still being rational (sensible) when they purchase something that results in no benefit if they believed that it would give them benefit when they purchased it.
When is economic surplus maximized?
when the marginal benefit of consumption is equal to the marginal cost of production.
What is a direct benefit of the use of assembly line in production in economics?
Wasted motion is eliminated
Socialists and capitalists believed that the means of production should operate for the benefit of?
All people
Socialists and capitalists believed that the means of productions should operate for the benefit of whom?
all people.
Which groups believed that means of production should be owned by society as a whole?
Socialists and communists believe that the means of production should be owned collectively by society as a whole, rather than by private individuals. These groups advocate for a system where resources and industry are controlled and managed for the benefit of the entire community.
What solution did Karl Marx have for industrial capitalization?
Karl Marx proposed that workers should collectively own the means of production in a communist society, eliminating the capitalist structure where a few individuals control and benefit from industrial capital. He believed this would lead to a more equitable distribution of wealth and resources among all members of society.
How was socialism involved in the colonization of Africa?
The colonization of Africa was a capitalist enterprise, not a socialist one. Socialists generally opposed the exploitation of foreign lands for the benefit of the wealthy.
How do the frozen seas benefit people?
They benefit through wind trades and oxygen production, but obviously food.
How do people benefit from the frozen seas?
They benefit through wind trades and oxygen production, but obviously food.
Are bacteria used in food production to benefit humans?
yes
Is central regulation a benefit of free Enterprise system of production?
No
How do people benefit from thriving the frozen seas?
They benefit from food that comes from frozen seas, trade winds, and oxygen production.
How did consumers benefit from mass production?
The increased efficiency reduced the price.
Which one of the following is a benefit of transforming to a virtual organization?
Production increases
