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Olin [163]
2 years ago
5

1. Define economics from perspective of wealth, welfare, Scarcity & Growth which, defenation more suits for economics? Why ?

​
Business
1 answer:
ss7ja [257]2 years ago
3 0

Economics can be defined as the study of the scarce resources that are in a [place and how to use the scarce resources to carry out production of goods and services for the growth of society.

<h3>Why is this a great definition of economics?</h3>

This is due to the fact that it takes into consideration the fact that there a limited  resources in a nation.

And despite these the needs are plenty and so it is useful that the scarce resources are well utilized to solve the issues of man.

Read more on economics here:

brainly.com/question/17996535

#SPJ1

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Some people attend college. some people have jobs. assuming these two statements are true most people that attend college have j
Nana76 [90]
The main point of attending college is to have a degree and to attain a job. Most people who already have a job doesn't want to go to college anymore because of the fact that they are already earning money. But, the statement you have given is possible and is also TRUE.
5 0
3 years ago
New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a $0.25 dividend per share for two year
In-s [12.5K]

Answer:

You should pay $3.86 to purchase this stock.

Explanation:

Hi, first let me mention that we can find the price of a stock by bringing to present value its future cash flows, in this case, its dividends, therefore we need to bring to present value $0.25 of year 3 and $0.25 of year 4. We also have to bring that constant dividend of $0.75 that the company plans to pay indefinitely, that we can do by using the following formula, discounted at 13%.

PV(4)=\frac{Constant Dividend}{Discount Rate}

Notice that the formula above says PV(4), that is because this formula only brings that perpetual annuity to one period of time before the first payment takes place, therefore this value has to be brought to present value too.

With all the considerations above, this is how everything should look like.

Price=\frac{0.25}{(1+0.13)^{3} } +\frac{0.25}{(1+0.13)^{4} } +\frac{0.75}{0.13} *\frac{1}{(1+0.13)^{4} }

Price=0.17+0.15+3.54=3.86

Therefore, the price of this stock is $3.86

Best of luck.

6 0
4 years ago
Five ways of which the tourism contributes towards south africa economy
Eddi Din [679]
This is the five ways that tourism contributes towards the south African economy. First is the important source of revenue and employment is referred to the Domestic tourism. It supports one in every 12 jobs in the country. And also in the labor-intensive sector, with the supply chain that connects the other sectors which tourism sector is the most important, it is part of the six jobs drivers path framework of the government. It boost the business industry of South Africa, it helps to feature its culture and its heritage sites. 
6 0
3 years ago
A situation (SWOT) analysis requires a firm to consider the external forces and trends that affect it. Some of these may be favo
weqwewe [10]

Answer:

A local government requires that all businesses within the city limits must recycle or be fined. EXTERNAL FACTOR NOT CONTROLLED BY THE COMPANY, THIS IS A TYPE OF GOVERNMENT REGULATION.

Explanation:

  • Shareholders are rewarded with a sizeable dividend check.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A hiring freeze is put into place. Although no one is fired, no one can be hired.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A goal is set to close the gap between production costs and profits.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • The firm buys its own fleet of trucks, so it no longer needs to hire a trucking company for distribution.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.

8 0
3 years ago
Why is price important to a company?
alukav5142 [94]

Answer:

B. It is a part of the marketing mix.

Explanation:

Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price is important to a company because it is a part of the marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.

5 0
3 years ago
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