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What else can I help you with?
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 :)
How is a comparative advantage obtained?
by producing a product with a lower opportunity cost
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
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?
Since the Mechanical Advantage of the inclined plane is inversely proportional to its height, increasing the height would lower your mechanical advantage and lowering the height would increase it.Alternately, mechanical advantage is directlyproportional to an inclined plane's length, therefore increasing the length would increase your mechanical advantage.
How is a comparative advantage obtained?
by producing a product with a lower opportunity cost
The existence of lower opportunity costs than competitors?
comparative advantage
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
Name 1 advantage of the north?
Cooler. Lower air con bills.
What is advantage of a parallel circuit?
Parallel circuits have a higher current and a lower resistance.
Advantage of factories?
The two largest advantages are lower cost and uniform product.
