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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.

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Depreciation is computed from the first of the month of acquisition to the first of the month of disposition. Land A and Buildin

frozen [14]

Answer:

He will not pay any depreciation during October.

Explanation:

Depreciation is charged only on building equipment and machinery. It is not accounted for land as land is an asset whose value does not depreciate over the years.

Depreciation for Building A would be zero for the month of october as depreciation is computed from the first of the month of acquisition to the first of the month of disposition.

The depreciation expense will be computed on 1st of November.

7 0

3 years ago

Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the bo

erik [133]

Answer:

The corporation survives even if managers are dismissed.

Shareholders can sell their holdings without disrupting the business.

Explanation:

Large corporations are not as easy to dissolve as other types of companies because they have other resources that are able to keep them going if they lose some. One of those resources could be a manager. Should a manager be dismissed, the corporation will survive and simply replaced the dismissed manager.

Also with such corporations, the shareholders can simply sell their shares and the business's operation will not be disrupted as the shareholders do not have any direct say over the day to day running of the business.

4 0

2 years ago

Which of these factors is an advantage to using cash?

larisa86 [58]

Answer:

B no fees or charges

Explanation:

Your welcome

6 0

2 years ago

Read 2 more answers

When mik has an absolute advantage in the production of two goods over tommy, mik?

Vesna [10]

When milk has an absolute advantage in the production of two goods over Tommy, Milk IS MORE PRODUCTIVE IN PRODUCING BOTH GOODS THAN TOMMY.
A country or an individual is said to have absolute advantage in producing a good if the person can produce the good more efficiently economic wise.

6 0

3 years ago

Four candidates with the same qualification are interviewed for the position of sales representative. looking at the given chara

Tamiku [17]

A sales representative is a person who works for a particular brand or company and helps in selling the products or services of a company while at the same time representing the brand. The sales representative basically works by contacting the customer until the time the product is sold or the customer had made use of the service.

There are certain skills required by the sales representative like-

Communication skills- good communication skills are required by every sales representative, as it enable a person to represent his and his company’s views more efficiently.
Negotiation skills – these skills also ensure that you can make good relations with other big companies that widen your brand network.
Public skills – these will help you in better public speaking whenever you have to give presentations on a brand’s goals or views.
Organizational skills- as the workload is more you will need to organize yourself so you can complete your tasks on time.

Therefore, out of the four candidates, the person who has all these important skills will get selected in the interview for sure and moreover, and will surely impress his employer with these certain skills.

Learn more about Pre-approach selling process here-

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3 0

1 year ago

Explain the link between scarcity and each of the followin​

Explain the link between scarcity and each of the followin