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Trade gets productive resources from one place to another where they're more needed.
What else can I help you with?
Why is it difficult to increase the efficiency of a machine?
Increasing the efficiency of a machine is difficult because it often requires redesigning and optimizing various components to work together seamlessly. Additionally, improving efficiency may involve complex trade-offs between factors like energy consumption, speed, and cost, making it a challenging process. In some cases, reaching the limits of physical laws or materials can also impose constraints on how much efficiency can be improved.
What is formula of total efficiency?
Total efficiency is calculated by multiplying the efficiency of individual components together. The formula is: Total Efficiency = Efficiency of Component 1 * Efficiency of Component 2 * ... * Efficiency of Component n.
What feature makes trade and travel easier?
The establishment of trade routes and networks can make trade and travel easier by providing a clear path for goods and people to move from one place to another efficiently. Additionally, advancements in transportation technology, such as faster ships or airplanes, can also make trade and travel more convenient by reducing travel time and costs. Furthermore, the development of international agreements and treaties that facilitate smooth cross-border movement can improve overall efficiency in trade and travel.
What is the efficiency of the Otto cycle formula and how can it be optimized for maximum efficiency?
The efficiency of the Otto cycle is given by the formula: Efficiency 1 - (1 / compression ratio)(-1), where is the specific heat ratio. To optimize the efficiency of the Otto cycle for maximum efficiency, you can increase the compression ratio, improve combustion efficiency, reduce heat losses, and use higher octane fuel.
What compares the energy output of a system with its energy input?
Energy efficiency compares the energy output of a system to its energy input. It indicates how much of the input energy is converted into useful output energy, with higher efficiency values indicating less energy wasted.
What is the trade-off between efficiency and equity?
to decide if its goood
How does trade enhance efficiency?
Trade gets productive resources from one place to another where they're more needed.
Which of the followiong best explains how trade enhances efficiency?
Trade gets productive resources from one place to another where they're more needed.
What has increased global trade?
global trade influences the efficiency of many people's lives! in a result green money comes at them
What does Container shipping increase?
International trade Actually, thinking about it, more accurately it facilitates trade by making the transport more efficient. It doesn't increase the trade. It services the trade that is there, by increasing its efficiency.
What is one advantage of free trade?
One advantage of free trade is that it leads to increased production as well as increased efficiency. Another advantage is that free trade allows for economic growth.
Why does the growth of the international trade lead to a rising global standard living?
International trade enables specialization, which brings increased efficiency and greater competition.
Why does the growth of international trade lead to a global rising standard of living?
International trade enables specialization, which brings increased efficiency and greater competition.
What are static and dynamic gains of trade?
Static Gains of Trade: Reduced costs from economies of scale Efficiency gains from exploiting comparative advantage Reduction in distortion from imperfect competition Increased product variety Dynamic Gains of Trade: Benefits from trade that accumulate over time in addition to static gains from trade Static Gains of Trade: Reduced costs from economies of scale Efficiency gains from exploiting comparative advantage Reduction in distortion from imperfect competition Increased product varietyDynamic Gains of Trade: Benefits from trade that accumulate over time in addition to static gains from trade.
What is the most direct result of free trade supplying productive resources to where they're most needed?
Enhanced efficiency
What is the most direct result of free trade supplying productive resources to areas most needed?
Enhanced efficiency.
What is the most direct result of free trade supplying productive resources to where they're needed the most?
Enhanced efficiency
