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Author Question: Operation on the basis of comparative advantage led to the regional specialization of the use of ... (Read 65 times)

khang

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  • Posts: 569
on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

(d)


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