Author Question: Operation on the basis of comparative advantage led to the regional specialization of the use of ... (Read 28 times)

khang

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Operation on the basis of comparative advantage led to the regional specialization of the use of slaves in the North.
 
  Indicate whether the statement is true or false

Question 2

According to Alfred Chandler (1977), big business could be justified, at least in part, by
 
  (a) a rapid rate of innovation among big firms.
  (b) periodic recessions in which alert big businessmen buy out bankrupt firms and expand operations.
  (c) a relatively low rate of bankruptcies among big firms.
  (d) its ability to take advantage of scale economiesbig business could best take advantage
  of technology and economies resulting from large-scale production processes.



carlsona147

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Answer to Question 1

False

Answer to Question 2

(d)



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