Question

The innovation of the modern shipping container made trade more efficient and used GPS tracking to help firms utilize less inventory. This along with_____, helped to lower the cost of deliverable goods by . Group of answer choices Better ideas, 20% Greater specialization, 35% Limited resources, 25% Expanding access to capital, 30%

Name: the innovation of the modern shipping container made trade more efficient and used gps tracking to help firms utilize less inventory this along with helped to lower the cost of 00226
Uploaded: 2022-06-28T11:22:27-08:00
Duration: 2 min 14 s
Channel: Sri K
Description: the innovation of the modern shipping container made trade more efficient and used gps tracking to help firms utilize less inventory this along with helped to lower the cost of 00226

          The innovation of the modern shipping container made trade more efficient and used GPS tracking to help firms utilize less inventory. This along with_____________, helped to lower the cost of deliverable goods by ________.
Group of answer choices
Better ideas, 20%
Greater specialization, 35%
Limited resources, 25%
Expanding access to capital, 30%

Added by Rachel S.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Sri K

06/28/2022

Step 1

Step 1: Identify the second factor that, along with containerization and GPS tracking, reduces the cost of deliverable goods. Show more…

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The innovation of the modern shipping container made trade more efficient and used GPS tracking to help firms utilize less inventory. This along with_____________, helped to lower the cost of deliverable goods by ________. Group of answer choices Better ideas, 20% Greater specialization, 35% Limited resources, 25% Expanding access to capital, 30%