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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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In an economy without international trade, investment must equal ______ saving.

maks197457 [2]

Investment must equal national saving

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3 years ago

Read 2 more answers

An employee at a company is suffering from severe back injury, which is a covered disability. The employee comes to know of a va

lana [24]

Answer:

The correct option is B.

Explanation:

The Americans with Disabilities Act (ADA) was passed in 1990, and it was passed with the intention of putting an end to discrimination based on a disability.

From the scenario given above, the Americans with Disabilities Act (ADA) covers the employee. Therefore, the employee must not be discriminated against in relation to a vacant position in the company, provided he/she is qualified.

We can see from the options provided, that options A, C, and D possess some form of discrimination, and only option B has no form of discrimination, rather it considers that the employee can apply for an open position as long as he/she is qualified.

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3 years ago

What size hammer makes a good jig for finding the height of an outlet box?

V125BC [204]

The apt size of a hammer that can be used a s a jigsaw would be

16oz.

Explanation:

To see the size of hammer that would be necessary we must understand the size of the outlet box and how it would require the jig to be.

The average height of an outlet box is usually 12 inches from the floor and it is then attached to a secondary box above it which is 16 inches

So, to lift this piece by the jig we can see that the standard sized hammer of 16 ounces would be apt and would do the job completely well.

So this is the one that must be used.

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3 years ago

Researchers have found which of these to be the most popular downward influence tactics?

Lerok [7]

The best and most correct answer among the choices provided by the question is the first choice. On the other hand, the answer for the second question is the second choice. I hope my answers has come to your help. God bless and have a nice day ahead!

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2 years ago

Matt Company uses a standard cost system. Information for raw materials for Product RBI for the month of October follows: Standa

Troyanec [42]

Answer:

$100 favorable

Explanation:

The computation of the material purchase price variance is shown below:

= Actual Quantity purchased × (Standard Price - Actual Price)

= 2,000 pounds × ($1.60 - $1.55)

= 2,000 pounds × $0.05

= $100 favorable

Simply we took the difference between the standard and the actual price, and then multiply it by the actual quantity purchased

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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