Phil used rental property for personal use for 7 days and rented it for 63 days. what percentage of his expenses are not rental expenses and cannot be deducted on schedule e?

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.