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deff fn [24]
1 year ago
9

Corner offices in high-rise office buildings usually cost more to rent than other offices. This BEST illustrates the economic co

ncept of: a. equilibrium. b. opportunity costs. c. scarcity. d. specialization.
Business
1 answer:
Neporo4naja [7]1 year ago
7 0

The best illustration of the economic concept is scarcity. Thus the correct option is (C).

<h3>What is Scarcity?</h3>

Scarcity refers to the limited or the shortage of the natural resources in the particular region. It is an economic concept which defines that there is the shortage to the infinite needs of the human beings because resources are finite.

According to the illustration the corner offices in the high rise building has the high rent because of the limited number of the high rise offices and the huge demand of the location.

Thus the correct option is (C).

Learn more about economic concept  here:

brainly.com/question/927463

#SPJ1

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Sorry, I withdraw my question.
guajiro [1.7K]

Answer: >?

Explanation:

8 0
2 years ago
Read 2 more answers
Ireland Corporation obtained a $40,000 note receivable from a customer on June 30, 2011. The note, along with interest at 6%, is
Paul [167]

Answer:

$39,220

Explanation:

The maturity value of the note receivable on June 30, 2012

= Principal + Interest

= $40,000 + $40,000 x 6%

= $40,000 + $2,400

= $ 42,400

The note is discounted on September 30, 2011. Time period remaining to go till maturity as on September 30, 2011

= 12 - 3 months ( July, Aug and Sep)

= 9 months.

Amount of deduction  

= $ 42,400 x 10% x 9/12

= $ 3,180

Finally, the Cash received by Ireland will be

= Maturity value - Discount

= $42,400 - $ 3,180

= $39,220

5 0
3 years ago
The advent of containerization has:
Firdavs [7]

Answer:

The correct answer is letter "E": significantly lowered the costs of shipping goods over long distances.

Explanation:

Containerization is the method of transporting goods in containers. These technique has become standard in freight transport having regulated the dimensions and maximum capacity of materials being moved. One of the big advantages containerization has provided is to transport different materials from different entities all together which implies sharing the costs of the same container, something that lowers the price of the transportation regardless if it is domestic or international.

7 0
3 years ago
Variables that are based on some objective physical (gender, ethnicity), measurable (age, income), or other classification attri
prohojiy [21]

Answer:

Demographic segmentation

Explanation:

Demographic segmentation can be defined as a market segmentation in which variables such as gender, ethnicity, age, income, occupation of potential customers are taken into consideration.

The market is divided into segment according to age, race, religion, gender, family size, ethnicity, income, and education.

Demographic segmentation makes information such as who will buy your products, where to sell your product, how to market your product available to the producer.

It ensures that customers are well cared for. When a producer focus on a particular group of customers, they will be more committed and dedicated to satisfying their customers. Demographic segmentation ensures customer satisfaction.

6 0
3 years ago
Trevor is a marketing professional in a small firm. He wants to promote his firm’s online shopping website. He targets only thos
MrRissso [65]
D ?
Inn bound marketing
3 0
3 years ago
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