In the context of factors of production he synthetic respurces that a buisness needs to produce goods or service are referred to as?

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak