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The ability to produce a specific product more efficiently than any other nation?
absolute advantage
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Advantages of bilateral trade?
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
What are the five basic problems of economics?
Five Baisc Problems of economics 1) Wat to Produce? 2) In what quantity ti be produced 3) How to Produce? 4) For whom to Produce? 5)How efficiently are the Resources being utilisec??
What is it called when you produce many products efficiently and cheaply?
The process of producing many products efficiently and cheaply is called "mass production." This manufacturing approach utilizes standardized processes, assembly lines, and economies of scale to reduce costs and increase output. By optimizing production techniques, companies can produce large quantities of goods while maintaining quality and minimizing expenses.
How does business to be successful it must produce quality products operate efficiently and be what?
Quality consceous and competitive.
What waste product is produced when ATP is produced?
Carbon dioxide and water are produced as waste products when the mitochondria produce ATP
The ability to produce a specific product more efficiently than any other nation?
absolute advantage
Have the products produced by Sephora been tested on animals?
Sephora states that all of their products have no animal testing to produce.
Why is farming important in West Virginia?
Of course the simple answer is that people have to eat. It is also true that locally growm produce draws a premium and that products like milk with a short shelf life can be produced more efficiently when close to the consumer.
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Advantages of bilateral trade?
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
What types of products are produced by King Koil?
King Koil is a producer of mattresses. They produce mattresses which are designed to provide spinal support, and are produced in Australia. They also produce bedding.
What type of dairy product does the Ayrshire produce?
They are identical to the products produced by the Holstein, Gurnsey, Jersey or Brown Swiss. They produce raw milk which is then converted into other dairy products.
Why don't all reactions produce the same amount of products?
all reactions are different. therefore, different amounts of products are produced.
How is acid produced in the mouth?
Bacteria consume residual food in the mouth and produce acids as by-products.
What is The system of large amounts of products produced rapidly by machines is called?
The system of large amounts of products produced rapidly by machines is called mass production. This manufacturing method utilizes automated processes and assembly lines to efficiently produce goods at a high volume and lower cost. Mass production allows for standardization of products, making them more accessible to consumers. It is commonly used in industries such as automotive, electronics, and consumer goods.
