answersLogoWhite

0

julia davies

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

Difference between returns to scale and constant return to scale?

differentiate between returns to scale and constant return to scale


Why are the economically developed countries around the world more successful in agriclture than the less developed countries?

Economically developed countries often have access to advanced technology, better infrastructure, and more efficient farming techniques, which enhance agricultural productivity. They also benefit from substantial investments in research and development, leading to innovations such as genetically modified crops and precision farming. Additionally, developed nations typically have a well-established supply chain and access to financing, which supports larger-scale and more sustainable agricultural practices. In contrast, less developed countries may face challenges such as limited resources, inadequate infrastructure, and less access to technology, hindering their agricultural success.


Why do firms use specialisation and how do economies of scale benefit firms?

Specialisation is used by firms because of the extra effectiancy implied by this production process. It provides greater effeciancy as the employee specialises in doing that certain process more effectively than other workers who specialise in other areas, providing a well developed product. Economies of scale, refers to the cost advantages that a business obtains due to expansion. Expantion can be providesd by this extra effeciancy explained earlier, and this economies of graph scale can proves how this can benefit the firms.


Is Australia a developed or less developed country?

It is a developed country other developed countries include the uk, usa and germany. less developed countries are somalia, afganistan and lybia


How is America a developed country?

Developed

Related Questions

Who developed the temperature scale?

Anders Celsius, a Swedish astronomer, developed the Celsius temperature scale in 1742.


Who developed the tornado rating scale?

The Fujita (F) scale was originally developed by Dr. Tetsuya Fujita at the University of Chicago. The current scale, the Enhanced Fujita (EF) scale was developed by a large group of engineers and scientists working at Texas Tech University.


What temperature scale was developed by a dutch scientist in about 1700?

It was the Fahrenheit scale.


Who developed the f-scale for rating tornado and what is the scales highest rating?

The F-scale or Fujita scale was developed by Dr. Tetsuya Theodore Fujita as the University of Chicago in 1971. The highest rating on the scale is F5.


What scale was developed to rate earthquakes according to the level of the damage?

The Richter Scale.


Who developed the kelvin scale?

The Kelvin scale was developed by William Thomson, also known as Lord Kelvin, a Scottish physicist. It is an absolute temperature scale where zero represents the absence of all thermal energy, or absolute zero.


Who developed the F scale for rating tornadoes and what is the scale's highest rating?

The scale was developed by Dr. Tetsuya Fujita at the University of Chicago in 1971. Ths highest rating is F5.


What mass instrument was developed?

Balance scale


When were the HO Scale trains developed?

HO scale trains were developed in roughly the year 1900. HO scale trains are the most popular scale trains in the entire World. The scale is roughly 1:87 which is quite different to some other model trains which could explain its popularity.


Who Was the scientist that first developed a scale for measuring earthquakes?

me


How do you use Richter Scale in a sentence?

My rebuilt engine is about 7.5 on the Richter scale! Yesterday's earthquake read 3.2 on the Richter scale. The Richter scale was developed in the 1930s.


What Swedish astronomer in 1742 developed a temperature measurement system?

Anders Celsius developed a scale for temperature measurement in 1742 that used the freezing and boiling points of water as its basis. This became know as both the Centigrade Scale and the Celsius Scale.

Trending Questions
What word beginning with r is the term for an economic downturn? What is the difference between street smarts and book smarts? Is an organization that produces and distributes a good or service for profit called a business yes or no? If you were a customer that bought shoes from a cobbler how might a guild help you? What is the opposite of economy word? Which awnser choice accurately describes these two paintings of Jesus European rennassiance? Why the reliance company has relied extensively on backward integration as the expansion strategy? What are the effects to our economy brought about the impeachment of chief justice corona? Who came up with the THEORY OF free market? How many zeros in ten billion trillion? How many billions does Goldman Sach's Lloyd blankfink stand to lose if cap n trade is stopped hard in IT's tracks? What are the importance of chemitry? Do the use of required sources of supplies or services takes precedence over the use of simplified acquisition procedures? How does chocolate pass through the sectors of the economy primary secondary tertiary Give a detailed explanation? Would you get paid more if you have deleted the app and the price is more and want it back for free? How does the price affect the supply of commodity? How much is a bent penny worth? What are the different types of production methods in dt? Name the four organizational components of the federal reserve system? What was the exchange rate in 1992 of Italian lire to us dollar?