Discuss any four ways in which Specialization has
improved the economic development of Nigeria

Answers

Answer 1

Answer:

Specialization has helped in these four ways:

1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.

2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.

3. Has helped bring the electrification of the country.

4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.


Related Questions

I WILL GIVE BRAINLIEST

I have a nail salon business - I just recently purchased new pedicure chairs, what type of cost is this?
A. Fixed Cost
B. Variable Cost

Answers

Answer:

FIXED COST

Explanation:

I THINK ITS FIXED COST

Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid ________________ every __________

Answers

Answer:

Explanation:

According to the bank statement for John Jones that can be found online. John was paid by direct deposit every 14 days (two weeks). Every two weeks John receives a total of $694.81 directly to his bank account and described as "Payroll Deposit - Hotel" which is most likely his job. Direct deposit is a feature that almost every employer has to automatically send an employee's earned income directly to their bank account at the same time every couple of weeks, sometimes twice a month and other times once a month.

Why non HR managers are becoming more involve traditionally , human resource management practices were developed

Answers

Answer:

What are you looking for exactly?

Explanation:

I NEED THIS ASAP!!!!!!!!! Lin is making a presentation about road safety and wants to add images of road signs. However, he does not have any pictures of road signs on his hard drive.

Which option within PowerPoint would most likely help Lin find the pictures he needs?

Clip Art under the Insert tab
Picture under the Insert tab
SmartArt under the Animations tab
Insert under the Animations tab

Answers

Answer:

picture under the insert tab ?

Explanation:

none others make sense

Answer:

Picture under the Insert Tab.

Explanation:

what is the formula for total depreciation

Answers

Answer:

annual depreciation = (purchase price - salvage value) / useful life.

Write about the ways to maintain a positive body
image.

What I Should Do to Maintain a Positive Body Image​

Answers

Answer:

Eat Healthy

Maintain a good diet

Meditate

Practice self confidence

Work out

Stay positive

Have a healthy mental state

can someone explain what bitcoin is? i don't get it is it illegal? how does it work?

Answers

Answer:

Bt Bicoins este o moneda virtuala care valorează extrem de mult, nu, nu este ilegal sa ai un bit coin

Answer: Bit coin is crypto-currency. It was made by a guy called Satoshi Nakamoto. No bit coin is perfectly legal. Basically how it works is frst you have to buy a bitcoin wallet.  Once you buy that it will give you a bitcoin address so that way your friends and family or whoever can pay you. In a nutshell it's basically Pay-Pal.

Explanation: Also, I'm currently 3D printing the Tesla Cyber truck. This is the model I have so far. What do you think? Do you think I can go ahead and print it?

1 Carlos owns a private limited company called BettaBakers Limited. It produces

a variety of cakes which are sold in local shops. The method of production

used by BettaBakers is batch production. Carlos says 'I have been told that lean

production techniques in the bakery would help me to increase profits'.

a) What is meant by 'lean production'?

b) Identify two ways lean production might be achieved.

c) Identify and explain two ways, other than lean production, Carlos could

use to increase productivity.

d) Identify and explain two advantages to Carlos of using batch production.

e) Do you think Carlos should change his production methods to flow

production in the bakery? Justify your answer.

Answers

Answer:

Explanation:

A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.

B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.

C) Carlos could either lower costs by using cheaper materials or hire more employees.

D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.

E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.

What are the characteristics of effective pricing?

Answers

Answer:

Customer perception of value. Value needs to be at the core of every pricing decision your company makes.

Costs of running your business.

Competitors in your market.

Target customer personas.

Growth potential.

Create buyer personas.

Price in tiers.

Perform a pricing audit.

Explanation:

Hope that helps!

which of the folliwing guidelines is not include in making vegetable salad?​

Answers

Answer:

An apple mabye??

Explanation:

One popular system for defining effective goals uses the acronym SMART, which stands for?

Answers

Answer: Specific, Measurable, Achievable, Relevant, Timely

why is the earth round why not a square or a triangle

Answers

Answer:

because science.

Explanation:

a square shaped earth would be cool tho

It’s the force caused when earth rotates that’s why it’s round altho it’s not perfectly round.


The mass is distributed unevenly within the planet, and the greater the mass is the stronger it gravitational pull is creating bumps around the globe.
If this helped mark me brainliest pls!

GameStop stock prices
last week.
A
tanked
B
soared
с
stabilized
D
plateaued

Answers

The answer is A.

I backed up my answer by searching up GameStop’s stick graph and it has dropped down.

On July 1, 2020, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Kalter Insurance Co. Kalter uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order

Answers

Answer:

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

Explanation:

Preparation of the journal entry for July 1 and the adjusting entry on December 31 for Kalter Insurance Co

Based on the information given the journal entry for July 1 will be :

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

(Being to record Unearned Service Revenue )

Based on the information given the Journal entry for December 31,2020 will be :

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

[ ( $14,400 / 36 Months) * 6 ]

(Being to record Service revenue earned)

Note that 3 years will give us 36 months (12month*3) and July 1,2020 to December 31 will give us 6 months.

There are __ in every economy that are used to produce the goods and services that people want and need
-limited resources
-unlimited resources
-unlimited wants and needs

Answers

Answer:
limited resources

Answer:

There are Limited resources in every economy that are used to produce the goods and services that people want and need.

Explanation:

Edge 2021-2022

What does an exchange rate tell you?

Answers

Answer:

An exchange rate tells you how much one type of currency is worth in a different currency.

Explanation:

Answer:A foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another."

Explanation:

(Zaxbys)
select all the salads that are made with regular zalad base x (check all that apply).
Answer choices:fried caesar, buffalo blue, grilled caesar, blackened blue, grilled house, grilled cobb, fried house, fried cobb ​

Answers

Answer:

Fried Caesar, grilled Caesar, Buffalo blue, fried cobb

Explanation:

Salads are made with various vegetables and meat base. The regular salad is green salad which is most commonly used. There are many benefits of having salad with meal. Many people do not like vegetables so they add little meat with salad to consume it. Most regular salad base are fried Caesar and fried cobb.

How can social media cause people to live from pay check to pay check?

Answers

Answer:

Living paycheck to paycheck: For many, this act of using most oe all your monthly income to cover your monthly expenses-with no money left over and none for savings.

Nurix, Inc. is a business consulting firm. During the month of​ February, Nurix earned​ $55,600 of revenues by providing services to 47 clients. Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000. What is the unit cost per​ service? (Round your answer to the nearest​ cent.)A. $127.66B. $1,182.98C. $308.51D. $180.85

Answers

Answer:

Unitary cost= $308.51

Explanation:

Giving the following information:

Number of services= 47

Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000.

First, we need to calculate the total cost:

Total cost= 8,500 + 6,000

Total cost= $14,500

Now, the cost per service:

Unitary cost= 14,500/47

Unitary cost= $308.51

Differentiate wealth-creating venture from income-generating venture.

Answers

Answer:

Explanation:

A wealth creating venture is expected to produce a return over a longer time span. Let’s say that the venture is expected to lose money for 5 years and then generate significant returns in year six. Over a ten year span, it might be very profitable. But if you are expecting to live off the proceeds starting on day one then you have a problem.

An income generating venture is expected to become cash-flow positive much sooner. A self-funding entrepreneur is likely to desire an income generating venture unless they are very wealthy. A venture backed business allows for a longer timeframe to accrue value.

1203+345=

............

Answers

1548
...................................

When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quantity demanded of good A falls to 400 units. Using the midpoint method, O 1. the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A O2 the price elasticity of demand for good A is 1.50, and an increase in price will result in a decrease in total revenue for good A. O 3. the price elasticity of demand for good A is 1.50, and an increase in price will result in an increase in total revenue for good A O 4 the price elasticity of demand for good A is 0.67, and an increase in price will result in a decrease in total revenue for good A

Answers

Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A

Explanation:

The following can be deduced form the question:

P1 = $50

P2 = $70

Q1 = 500 units

Q2 = 400 units

Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100

Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100

% change in quantity = (400 - 500)/(400 + 500)/2 × 100

= -100/450 × 100

= -22.22%

% change on price = (70 - 50)/(70 + 50)/2 × 100

= 20/60 × 100

= 33

Price elasticity of demand = % change in quantity / % change on price

= -22.22 / 33

= -0.67

This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.

Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A

Why do you think it is better for the industry to advertise its product through magazine than newspapers.Give two reasons

Answers

Answer:

Magazines are more specifically targeting, offer higher scope of sale conversion.

Explanation:

Advertisement is done to persuade people for buying goods & services. It can be of various forms, eg - magazines & newspapers.

Magazines are better than newspapers, as -

Magazines are read by people specifically interested in the particular niche, so they are more likely to be prospective buyers of the product. Newspapers are comparatively less targeted form of advertisement, as they advertise to all the people, irrespective of their scope of interest in the good or service. Magazines are relatively more targeted in this case.

What is a similarity between a term life insurance policy and a whole life insurance policy?
OA
OB
Both provide coverage for the policyholder's medical and outpatient surgery costs
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years,
Both include a cash value component that the policyholder can receive at the end of the policys term,
Both provide financial compensation to the beneficiaries upon the policyholder's death,
Ос. .
OD

Answers

Both provide financial compensation to the beneficiaries upon the policyholder’s death.

A similarity between a term life insurance policy and a whole life insurance policy is that both provide financial compensation to the beneficiaries upon the policyholder's death. The correct option is d.

Term and whole life insurance are two of the most frequent types of life insurance. Whole life insurance is a type of permanent life insurance that lasts as long as you live (provided you pay your premiums). It also includes a cash value account, which is a form of savings account that grows tax-free over time and can be withdrawn or borrowed from while you are living. Term life insurance, on the other hand, is only valid for a set number of years (the term) and has no monetary value.

Term insurance only protects you for a set number of years, whereas whole life insurance protects you for the rest of your life—if you can keep up with the premium payments. Whole life insurance rates might be five to fifteen times higher.

Learn more about insurance, here:

https://brainly.com/question/33708020

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why would anyone select a bank that has unfavorable overdraft policies

Answers

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

How much candy is in 30 bags? there are 10 pieces of candy each

Answers

Answer:

300

Explanation:

10/30=300

What number is 0.1 more than 30.7?

Answers

Answer:

30.8

Explanation:

How is it best to get rid of information you receive in the mail?
A Tear the mail in half and place each half in a different trash bag

B Just throw it way, thieves don't dig through trash

C Use a shredder before placing it in the trash

D Mark out all personal information with a marker

Answers

C is the correct answer.
The answer would be C. Using a shredder makes it harder for thieves to understand the information.

I NEED THIS ASAP!!!!!! While working on a forty-slide PowerPoint presentation, a user needs to quickly look over the six slides that have orange backgrounds. How can the user most efficiently find the six slides and then see them in the main PowerPoint window?

by going under the View tab and clicking on the New Window tool
by clicking on the File tab and using the Open dialog box to select a slide
by scrolling through the slide previews on the left and clicking on orange slides
by using the slider in the bottom right to zoom out until all slides are visible

its not B!!!!!!!!!!!

Answers

Answer:

by scrolling through the slide previews on the left and clicking on orange slides

The user can see them in the main PowerPoint window he can scroll through the slide previews on the left and clicking on orange slides.

What is a power point presentation?

A power point presentation refers to a presentation that is made by the use of the Microsoft power point tool.

If the user wants to find the six slides and then see them in the main PowerPoint window he can scroll through the slide previews on the left and clicking on orange slides.

Learn more about power point slides:https://brainly.com/question/1301538?

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what are the merits and demerits of group trade?

Answers

Answer:

(a) International Specialization: ...

(b) Increase in World Production and World Consumption: ...

(c) Safeguard against the Advent of Monopolies: ...

(d) Links with Other Countries: ...

(e) Higher Earnings of the Factors of Production: ...

(f) Benefits to Consumers: ...

(g) Higher Efficiency and Optimum Utilisation of Resources:

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