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2 years ago

Explain the link between scarcity and each of the followin

1 answer:

8 0

The link between the Scarcity and choice is the study of how individuals and society choose to allocate scarce resources.

<h3>What is the Meaning of Scarcity?</h3>

Scarcity refers to the insufficient or the shortage of the resources with the individual or in the particular nation. For Example In any Industry there is the shortage of the skilled workers.

The complete question is attached below.

The link between the Scarcity and the Opportunity Cost is that it has the direct implication on the scarcity. In decision making process, one must has to sacrifice the opportunity cost of that action.

The link between the Scarcity and competition is due to the Lack of resources which forces people to compete for the limited resources that are accessible because there aren't enough to satisfy everyone's wants.

Additionally, people would compete for the rationing tool, such as money, whatever it may be.

Learn more about Scarcity here:

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____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy th

serg [7]

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

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3 years ago

Eric and Katie, who are married, jointly own a house in which they have resided for the past 17 years. They sell the house for $

Elodia [21]

Answer:

C) $0 $285,000

Explanation:

The §121 exclusion establishes that homeowners can exclude from their capital gains taxes the sale of their property for a maximum of $250,000 gain (or $500,000 for joint filers) if they meet two criteria:

they owned the property for at last 5 years
they use the property as main residence for at least 2 years (they can aggregate time periods).

So if Eric and Katie use the §121 exclusion they wouldn't pay any capital gains tax ($500,000 is higher than $375,000).

If they decide to forgo the §121 exclusion, then they will have to pay taxes for a gain of:

capital gain = net sale price - asst basis

capital gain = ($375,000 - $10,000) - $80,000 = $365,000 - $80,000 = $285,000

8 0

3 years ago

1 pts __________ is an activist investors who Runs Pershing Square Capital Management and recently purchased a 9.7% stake in All

Ivan

Answer:

The correct word for the blank space is: Bill Ackman.

Explanation:

American investor Bill Ackman (born in 1966) is the founder and Chief Executive Officer (CEO) of Pershing Square Capital Holdings, Ltd., a New-York-based hedge fund with around $12.5 thousand millions in assets. According to the Bloomberg Billionaires Index, Ackman's net worth is $1.8 billion.

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3 years ago

Lezos LLC, a chain of international restaurants, has operations in more than 50 countries around the world. The company has a pr

Vika [28.1K]

Answer:

c. financial resources

Explanation:

Based on the information provided it can be said that the most likely reason for the success of Lezos in international markets are their financial resources. That is because (like mentioned in the question) they are able to keep supporting these projects financially for as much time as they need in order for them to actually become successful. Therefore there is no other factor in play except for money.

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3 years ago

Read 2 more answers

Forten company current year income statement, comparative balance sheets and additional information follow. For the year all sal

yawa3891 [41]

Answer:

Forten Company

Statement of Cash Flows

For the year ended December 31, 2013

Cash flow from operating activities:

Net income $145,200

Adjustments to net income:

+ Depreciation expense $20,000
+ Loss on sale of equipment $4,500
+ Decrease in prepaid expenses $500
- Increase in accounts receivable $18,000
- Increase in merchandise inventory $29,106
- Decrease in accounts payable $53,125 <u> -$75,231 </u>

Net cash flow from operating activities $69,969

Cash flow from investing activities:

Cash inflow from sale of equipment $15,100

Cash outflow from purchase of equipment <u>-$63,000 </u>

Net cash flow from investing activities -$47,900

Cash flow from financing activities:

Cash inflow from issuance of common stock $70,000

Cash inflow from bank's short term notes payable $4,000

Cash outflow from bank's short term notes payable -$44,125

Cash outflow from dividends <u>-$53,000 </u>

Net cash flow from financing activities -$23,125

Net cash decrease -$1,056

Cash balance December 31, 2012 $72,000

Cash balance December 31, 2013 $70,944

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3 years ago

Explain the link between scarcity and each of the followin​

Explain the link between scarcity and each of the followin