Which of the following terms generally identifies a place where an economic transaction occurs?(1 point)
Responses
manufacturing operation
manufacturing operation
market
market
transport network
transport network
retail store
retail store
5 answers
market
Which of the following is true of manufacturing using mass production?(1 point)
Responses
Minimizing labor costs always determines the location of mass production facilities.
Minimizing labor costs always determines the location of mass production facilities.
Mass production facilities are always located near sources of the resources needed for production.
Mass production facilities are always located near sources of the resources needed for production.
It focuses on the rapid production of standardized goods.
It focuses on the rapid production of standardized goods.
It focuses on the specialized production of custom goods.
It focuses on the specialized production of custom goods.
Responses
Minimizing labor costs always determines the location of mass production facilities.
Minimizing labor costs always determines the location of mass production facilities.
Mass production facilities are always located near sources of the resources needed for production.
Mass production facilities are always located near sources of the resources needed for production.
It focuses on the rapid production of standardized goods.
It focuses on the rapid production of standardized goods.
It focuses on the specialized production of custom goods.
It focuses on the specialized production of custom goods.
It focuses on the rapid production of standardized goods.
whats the real answer
The real answer is: It focuses on the rapid production of standardized goods.