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How do new businesses benefit from the freedom of a market economy?
Happiness
How was big businesses different from small businesses?
Big businesses are able to benefit from economies of scale and the discounts associated with buying in bulk. This reduced cost of sales can be passed on to the end customer. Small businesses are often able to provide a more personalised level of customer service and may also be able to benefit from tax breaks.
What did businesses in the 1950's do to benefit from a cheaper labor pool?
Expand overseas.
How does comparative advantage benefit developing nations?
Foreign companies bring their businesses there, which raises the standard of living.
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 are the main benefit that businesses got from the typewriter?
It made it quicker to produce letters.
What was the main benefits that businesses got from the typewriter?
It made it quicker to produce letters. -APEX
What was the main benefit that busnisses got from the typewriter?
it made it quicker to produce letters- APEX :)))
What was the benefit of the typewriter?
Improved Communication
Where can you find the Remington Standard Typewriter No7?
I've got a Remington standard typewriter no 7. My e-mail is leonardoperon88@gmail.com
What was the main benefit business got from a typewriter?
It gave a professional appearance to all correspondence. It's not as though it was an option, however; I don't think any companies were sending hand-written business letters during the 20th century.
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
Why was the first typewriter first invented?
The first typewriter was invented to improve the speed and legibility of writing. It helped people produce documents more efficiently compared to writing by hand, making it a valuable tool for businesses and individuals who needed to create multiple copies of documents.
How did the typewriter add value to the industrial revolution?
The typewriter added value to the industrial revolution by increasing the speed and efficiency of written communication. It allowed for faster and more accurate production of documents and contributed to the growth of offices, businesses, and bureaucracy during that time. The typewriter also facilitated the standardization and mass production of printed materials, making them more accessible to a wider audience.
What is a manual typewriter?
A manual typewriter is the typewriter that was used before the Electric Typewriter was invented.
How was big businesses different from small businesses?
Big businesses are able to benefit from economies of scale and the discounts associated with buying in bulk. This reduced cost of sales can be passed on to the end customer. Small businesses are often able to provide a more personalised level of customer service and may also be able to benefit from tax breaks.
