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maksim [4K]
2 years ago
9

Explain way economic deals with allocation and efficient utilization of scarce resources only?

Business
1 answer:
solniwko [45]2 years ago
3 0

Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature. Hence, to utilize the resources in the optimum possible way and meet the demands of humans, the economy allocates scarce resources.

<h3>How Microeconomics allocates scarce resources?</h3>

Microeconomics analyses how scarce resources are allotted efficaciously to the production of products and services. It facilitates in resolving the critical financial issues of the economic system at an individual level.

Thus, in this manner, Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature.

learn more about allocation of scarce resources:

brainly.com/question/6107102

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Why does the government carefully monitor horizontal mergers?
Viefleur [7K]
The government carefully monitors horizontal mergers because t<span>he resulting single firm might gain monopoly power in its market, and the government doesn't want it to become a monopoly.</span>
3 0
3 years ago
Read 2 more answers
a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but d
Ratling [72]

An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

<h3>What are agent and broker?</h3>

Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.

The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.

It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

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7 0
1 year ago
Customer Z is a single 26-year-old man who earns $125,000 annually. He informs you that he is getting married and that his new w
Leto [7]

Answer: C. open a cash account and invest in mutual funds holding high yielding common and preferred stocks

Explanation:

Investing in Mutual funds which hold high yielding common and preferred shares is the best option here. The dividends received will be high enough but will not be taxed too much as dividend tax is limited to 15% thereby saving the investment on taxes.

Also seeing as they will require the investment in other to buy a house in 5 years, they will need something that can be easily liquidated. Mutual funds are easy to liquidate from and so their investment here can be easily withdrawn when the time comes to allow them meet the house down payment.

4 0
3 years ago
You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 an
SVETLANKA909090 [29]

Answer:

if the stock price is between $44.25 and $55.75

Explanation:

Given that, the investor net gain on premium from option is $1.25 + $4.5 = $5.75.

Thus, the investor has to buy at $50 and obligation to sell at $50 in August.

Hence, investor paid-off is shown as x, of Hug-Packing in August as below:

Spot price <$50: 5.75 - (50 - x) = x - 44.25

Spot price = $50: $5.75

Spot price > $50 : 5.75 - ( x -50) = 55.75 - x

Thus, the strategy will pay off only when:

(x - 44.25) > 0 and (55.75 - x) <0 or x is between $44.25 and $55.75.

7 0
4 years ago
What is the difference between policy owner and insured
Darina [25.2K]
The policy owner normally pays the premium whilst the insured could technically be himself or also another person he is paying the insurance for. For example a father paying medical insurance for the entire family. THere he would be policy owner but also the rest of the family would be insured.
8 0
2 years ago
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