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

Why can you win a presidential election without winning the most individual votes?

Answers

Answer:

Because of Electoral College system

Explanation:

Answer:

You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.

Explanation:

(hope this helps :P)

. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?

Answers

Answer:

the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996

if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50

her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.

The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5

What do you mean by Total revenue?

Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.

Total revenue when she uses the direct channel is $996  

[tex]\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996[/tex]

If she uses the indirect channel, her total revenue is $1,059.50.

[tex]\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50[/tex]

The difference in revenue between direct selling and indirect selling:

[tex]\rm\, \$1,059.50 - \$996 = \$63.5[/tex]

The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.

Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.

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3. How would the length of the shadow at noon compare with the length of the shadow in the late afternoon?

Answers

In the morning your shadow will point west and in the afternoon it will point east. If your shadow is long, it is near sunrise or sunset. Your shadow is shortest around noon

The length of the shadow at noon would is quite different from the length of shadow in late afternoon.

What is Shadow?

A shadow is a dark spot that is created when light is blocked.

The light could be blocked by an object thereby creating a shadow.

The length of shadow varies depending on the angle of the light.

Therefore, the length of the shadow at noon would is quite different from the length of shadow in late afternoon.

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Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?

Answers

L

Answer:

yes, pursuant to UCC, Section 2-201

Explanation:

Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.

In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.

An oral contract won't suffice In this case.

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

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.

What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings

Answers

people mostly use checking so the answer is c
The answer is C, Checking
You use a checking account for day to day transactions. Debit card, checks and deposits are typical transactions for a checking account.

If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500

Answers

Option D

The post closing balance will show $500 worth of debits.

This is because if a company has $400 in cash, that is considered an asset for the company. Cash is an asset for the business.

Accounts receivable is an asset as well because it is the amount that debtors owes the business. It’s the amount that debtors should give to us the business.

A is made up of or more and a section, is commanded by a ,

Answers

Oh gosh gosh oh yeah lol oh yeah yeah

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.

Michele is a manager at MDH Incorporated. She monitors the progress of an affirmative action program to advance minorities within the corporation, reviews progress on changes in employee attitudes, calls a special meeting to discuss problems, and makes appropriate adjustments in the program. Michele is engaged in which management function

Answers

Answer:

"Controlling" is the right response.

Explanation:

Michele helps to monitors whether the curriculum has been implemented according to another strategy or indeed any adjustments that need to be created. The whole information will assist in appropriate corrective measures.

After that, Michele checks the availability as well as chooses to make several other significant changes to the program.

Which of the following is NOT a type of communication used in public relations?
1. Press releases
2. News releases
3. Press Conferences
4 Commercials

Answers

Answer: Commercials

Explanation: can i have brainest

Following are the different health signs in an animal. Which of these are the signs of good health in an animal?
I. bright eyes
II. membranes of the eyes are pink
III. rapid respiration

Answers

Answer:

I & II

Explanation:

plato:)

What research topic can you recommend for ABM students? pls answer properly.

Answers

Answer:

marketing strategies

Explanation:

yeah

A. Name any two:
1. Greek gods
2. Oldest language
3. Greek mathematicians
4. Renewable sources of energy
5. Precious stones
6. Snakes
7. Islands of Japan
8. Flightless birds
9. Indian satellites​

Answers

Answer:

1) Athena and Aries

2)Tamil/Sanskrit

3) Plato and Euclid

4) Solar energy Wind energy

5)Ruby, emerald

6)Python, Rattlesnake

7)8)9)i have no idea

Explanation:

give the meaning and nature of Foreign direct Investmen.​

Answers

Answer:

foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. ... However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies

According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85

Answers

Answer: New credit

Explanation:

According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.

What is credit score?

Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.

A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.

As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.

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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

what is the importance of identifying target markets?​

Answers

Answer:

Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential

Identifying a target market helps your company develop effective marketing communication strategies. A target market is a set of individuals sharing similar needs or characteristics that your company hopes to serve. These individuals are usually the end users most likely to purchase your product.

Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05



Please select the best answer from the choices provided


A
B
C
D

Answers

Answer:

b. $1,811.70

Explanation:

Characteristics of natural resources​

Answers

Explanation:

the characteristics are as follows:-

1. Natural resources are useful, profitable and beneficial .

2. Natural resources have limited availability.

3. They are potential for depletion or consumption.

4. Natural resources are non-renewable sources in nature.

Help please! Answers 1-6.

Answers

KkAnswer:will do

Explanation:

I WILL GIVE BRAINLIEST

The owner of the nail salon purchased 5 new pedicure chairs and installed them into her nail salon. She didn't pay for them until she received a bill in the mail. This is known as _______________.
A. Accounts Payable
B. Accounts Receivable

Answers

Answer:

i think is letter A eh kasi yan lang

It’s known as accounts payable.
It’s an amount that a creditor owns.

The first step in marginal analysis is to determine
A. what price the company wishes to charge for its products
B. fixed and variable costs for specified quantities of product
C. the marginal cost of producing one additional unit of a product
D. the marginal revenue of producing one additional unit of a product

Answers

Answer: B. fixed and variable costs for specified quantities of product

Explanation: You said it was correct in the comments section.

Answer:

b

Explanation:

took the test

As a future entrepreneur, Brooke considered a variety of financing sources. Her discussions with a venture capitalist revealed that this type of investor expects to receive a large ownership interest in her firm.

Answers

Answer:

Equity Capital

Explanation:

Equity Capital provides the largest source of finance for most businesses. However the downside of this source of finance is that investors require an ownership in the firm being invested. Therefore, Brooke is dealing with Equity Capital.

Cheese Pizza or Pepperoni Pizza

Answers

Answer:

pepperoni

Explanation:

Answer:

I think I like extra cheese pepperoni :)

Could I have brainliest?

How much total interest will he pay over the course of the mortgage?

Answers

Where’s the pic i can’t see it

Who was probably the most famous anonymous source in 20th-century journalism?

Answers

Answer: Deep Throat. I know it may sound weird but that’s the answer

Explanation: Hope this helps

Which professional most likely has a doctoral degree in order to work in their field?

Marriage and Family Therapist
Counseling Psychologist
Substance Abuse Social Workers
Mental Health Counselors

Answers

the correct answer is b, counseling psychologist !

i did the test.

A counseling Psychologist is a professional who most likely has a doctoral degree in order to work in their field. Hence, option B is appropriate.

What is the meaning of a Psychologist?

Psychologists try to comprehend and justify people's actions, feelings, and thoughts. They create hypotheses about the thoughts and emotions that affect people using methods including observation, evaluation, and experimentation.

Psychologists are not doctors; psychiatrists are. Psychologists are unable to administer drugs; psychiatrists can. For complex and significant mental illnesses, psychiatrists diagnose illness, oversee therapy, and offer a variety of therapies. Psychologists concentrate on giving patients talk treatment or psychotherapy.

A trained mental health specialist with a Ph.D. is called a psychologist. This is where a psychiatrist and a psychologist vary from one another. While a psychologist concentrates just on a therapeutic approach to healing, a psychiatrist may prescribe medication.

Both mental health awareness and professional opportunities in psychology have grown. Psychology is a discipline that is expected to expand at a rate of 14% annually since it aids in understanding the root causes of problems in individuals rather than just addressing the symptoms.

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Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned

Answers

Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account
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