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Anton [14]
1 year ago
8

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

Business
1 answer:
bija089 [108]1 year ago
8 0

The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.

<h3>What is the whom to produce?</h3>

As part of an economic problem, this refers to problem of distribution of final product.

Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.

Read more about for whom to produce

<em>brainly.com/question/17332480</em>

#SPJ1

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Explanation:

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Answer:

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Bloom Company management predicts that it will incur fixed costs of $160,000 and earn pretax income of $164,000 in the next peri
Lena [83]

Answer:

  1. SALES IN DOLLAR $1,296,000
  2. VARIABLE COST IN DOLLAR $972,000

Explanation:

The process would be to use formulas of the variable costing method to solve for each term:

We are going to use the operating income formula

<em>contribution margin - fixed cost = operating income</em>

<u>Replace </u>with the know values:

<em>contribution margin</em> - 160,000 =  164,000

now <u>solve </u>for the unknow value

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Next step we use the contribution margin ratio formula to get the sales:

<em>contribution margin/sales = contribution ratio</em>

<u>Replace </u>with the know values:

324,000/<em>sales </em>= 0.25

now <u>solve </u>for the unknow value:

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Lastly we use the contribution margin formula to solve for variable cost:

sales - variable cost = contribution margin

<u>Replace </u>with the know values:

1,296,000 -<em> variable cost </em>= 324,000

now <u>solve </u>for the unknow value:

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5 0
3 years ago
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