Specialization:

1. leads to greater self-sufficiency.

2. can lead to an increase in overall production.

3. allows workers to develop skills by working on a large number of tasks

4. is always the result of an inefficient use of resources

5. all of above

Money is a "medium of exchange," meaning A) it allows people to have jobs. B) it tells us what things are worth. C) it can be used to purchase goods and services. D) it can be used to save for purchasing things at a later date.

Which of these services is not provided by a financial institution such as a bank or credit union? A Informing customers of the amount of money in their accounts B Informing customers of how the money in their accounts must be spent C Providing cash

What nontraditional agricultural product has become an important part of african export economies?

Select the items below that describe rational behavior in economics

True or false. A companys target market is the group of people less likely to buy its products

Decision on Transfer Pricing Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per unit. However, the same materials are available from the Components Division.

What is the present value of $100 to be deposited today into an account paying 8.0%, compounded semi-annually for two years?

Which of the following errors, each considered individually, would cause the trial balance to be out of balance? A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.

On January 1, Year 1, Phillips Company made a basket purchase including land, a building and equipment for $895,000. The appraised values of the assets are $64,000 for the land, $920,000 for the building and $176,000 for equipment.

Terri davis is planning to buy a new car. While on the internet she learned that the car has a base price of $16,007, options that total $2,334, and a $500 destination charge.