All categories

2 years ago

Economics is the study of how individuals and societies make choices under the condition of:.

2 answers:

7 0

Economics is the study of how individuals and societies make choices under the condition of scarcity.

<h3>What is economics?</h3>

The study of how individuals use resources and respond to incentives by using it in decision-making is known as Economics. It is a vast study that helps us comprehend past trends, analyze current headlines, and forecast future events.

It signifies that the price of the product or service exceeds the supply of that product or service. As a result, scarcity might limit the options available to customers, who make up the economy in the end.

Individuals, organizations, and governments all use economics to understand their behaviors and decisions. It gives people a way to comprehend how people interact in a market-driven society and to analyze how government policies affect them.

Learn more about Economics, here:

brainly.com/question/14355320

#SPJ1

GenaCL600 [577]2 years ago

7 0

Answer:

ig Scarcity

Explanation:

Hope it Helps!!!

You might be interested in

Item1 1 points eBookPrintReferences Check my work Check My Work button is now enabledItem 1Item 1 1 points Assume the perpetual

artcher [175]

Answer:

$11,510

Explanation:

Calculation for the gross margin amount from the four transactions

First is to find the Cost of goods sold

Cost of goods sold = ($13,900 - $3,400) × (100%-2%)

Cost of goods sold=$10,500*0.98

Cost of goods sold=$10,290

Last step is to find the gross margin amount using this formula

Gross margin amount=Sales revenue - Cost of goods sold

Let plug in the formula

Gross margin amount=$21,800-$10,290

Gross margin amount=$11,510

Therefore the gross margin amount from the four transactions will be $11,510

3 0

4 years ago

In the papyrus corporation, cash receipts from customers were $136,000, cash payments for operating expenses were $102,000, and

sleet_krkn [62]

Cash receipts from customers = $136,000
cash payment for operating expenses = $102,000
tax paid = 1 / 3
Amount on which tax paid = $9,300
amount of tax paid = $9,300 / 3 = $3,100
net cash provides by operating activities = ?
Net cash = cash from customers - cash payment for operating expense - amount of tax paid
= $136,000 - $102,000 - $3,100
= $30,900
so the net cash provided by operating activities is $30,900

4 0

3 years ago

An entrepreneur establishes a social justice online retail company. The company purchases authentic artwork, jewelry and crafts

Greeley [361]

Answer:

a. Developing a robust marketing program to promote the social justice elements of the business and gain insights into consumer purchasing behavior on the website

Explanation:

In order to sustain the business, the entrepreneur should create a robust marketing program in which he is able to promote the components of social justice and also the behavior of the consumer on the website so that he gets to know how much people are active in his website, what are the problem people are facing, etc

Hence, the correct option is a

3 0

3 years ago

Consider the graphic in your text that shows four quadrants for value-creating diversification strategies based on operational a

vaieri [72.5K]

8 lol just saying just saying I think it’s right

6 0

3 years ago

In 2013, Emma purchased an automobile, which she uses for both business and personal purposes. Although Emma does not keep recor

yuradex [85]

Answer:

Emma can't utilise the genuine cost technique for derivation as the records are absent. Everything she can do is that she can guarantee finding based on miles driven per year.So she can utilise the automatic mileage technique for deduction.

5 0

3 years ago