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Why do nations specialize in certain goods and services?
Because countries have different natural, human, and capital resources and different ways of combining these resources, they are not equally efficient at producing the goods and services that their residents demand. The decision to produce any good or service has an opportunity cost, which is the amount of another good or service that might otherwise have been produced. Given a choice of producing one good or another, it is more efficient to produce the good with the lower opportunity cost, using the increased production of that good to trade for the good with the higher opportunity cost.
How do record producers plan for a market that might or might not choose to buy a particular album?
They may try to look for ceretain aspects that pertain to everyone
What phrase means a good representation of what pay a typical worker in a particular group might earn?
median salary
What is difference between goods producing industries and service producing industries?
Goods are typically tangible items, For example, produce, lumber, TVs, other home appliances, department stores etc. Services might include, house cleaning, landscaping, insurance companies, etc. In other words they are providing a service for a fee.
What does a demand schedule show?
A demand schedule shows a listing of the various quantities demanded of a particular product at all prices that might prevail in a market.
When might a country specialize in producing a particular good?
When a country has an absolute advantage in production of that good it may specialize in producing that good.
Where can you find a good selection of hunting hats in Dublin?
In Dublin, hunting hats might be purchased from marketplaces, street-vendors, general camping and finishing stores or stores that specialize in producing and selling hunting hats.
What might A music major choose to specialize in?
Music theory
Can I buy a Dell lcd tv at Amazon.com?
I believe Dell has stopped producing LCD TVs. There is currently only one Dell TV available on Amazon--the 26" model. You might try searching other vendors who specialize in used TVs.
What companies do chrome plating in Illinois?
Many car and body shops might be able to do chrome plating. There are also specialize shops that specialize in chrome plating.
What are the risk of producing hydroelectricity?
An earthquake might break the dam. There might be a drought and run out of water
Which county is ClearwaterFL located?
Clearwater, FL is in the county of Pinellas County. This county is northwest of St. Petersburg, and west of Tampa. If you want to visit Florida, then might as well visit this county.
What county in TN did the Battle of Shiloh take place?
Hardin County. (might have spelled that wrong)
Is Champaign county rural or urban?
Wherever Champaign County might be situated, it is not in the vicinity of Toronto.
Where might one go to find out what kind of jobs are available in henrico county and how they would get one of these jobs?
The best way to find jobs in a particular county is by working through the job center in that county. Job centers usually have the most comprehensive list of local positions, usually have application materials and resume resources available and employ personnel to help you through the application process.
How do you get scouted for a county in cricket?
your club pick you for trials if you get through then you you play half county and then the half county team might put you for trials to go to full county like me.
What energy source might involve burning wood or producing gasohol?
Biomass
