Specialization and trade can the per unit cost of production because . decrease; it allows for more small-scale production increase; it requires more expensive, specialized equipment decrease; it creates economies of scale associated with large-scale production increase; more expensive labor is needed

Option (C) is correct.

Explanation:

Economics of scale is defined as the cost advantages that a country is achieving by increasing their production and lowers their per unit cost.

This is due to the spread of costs over a large number of products which results in lower per unit cost.

Most of the large companies able to produce more by distributing their cost over a large number of goods.

Specialization also give rise to lower per unit cost because specialization of factors of production boosts the production volume of a company and lower per unit cost of production also results from the bulk orders received from the customers, means trade increases.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%