Answer:
The scarcity is the key problem that the economics are trying to find an answer to and try to mitigate by making the resources more productive.
The scarcity arises because of 2 main factors,
- The human wants are Unlimited
- The resources available to satisfy these wants are Limited
In theory, if we need to "eliminate" scarcity complete we should either Limit our Needs or find an Unlimited source of resources we require.
However, these are not practical solutions.
So because of this, economics try to utilize technology and other factors to harness the full potential of resources and to use them optimally.
Explanation:
Economic Activities are the actions related to the production, distribution, and exchange of goods and services. So for an evening news bulletin on TV or radio, some examples are:
- The service of the reporters who research a story and check facts
- The cost of paper and materials used in the newsroom
- The equipment that establishes a TV or radio signal and broadcasts it out to people
- Cable service or radios that are purchased in order to hear/see the news
Answer: $412,600
Explanation:
AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings
Increase in Assets
= 5,000,000 * 15%
= $750,000
Increase in Liabilities
Only use Accruals and Accounts Payable
= (450,000 + 450,000) * 15%
= $135,000
Additional to Retained Earnings
= After tax Profit
= 9,200,000 * 4%
= $368,000
Addition to retained earnings = 368,000 * ( 1 - payout ratio)
= 368,000 * ( 1 - 45%)
= $202,400
Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400
= $412,600
Answer:
B. Registering for college courses earlier
Explanation:
Here are the options
A. Meeting potential employers
B. Registering for college courses earlier
C. Building relationships
D. Learning how to socialize professionally
Networking can be described as when people with similar interests come together to exchange ideas. The exchange of ideas usually takes place in an informal setting.
With the advent of technology, networking can take place on social media.
Networking has several advantages :
- It connects the unemployed with recruiters
- It facilities the exchange of ideas and knowledge
- It is a great way to meet people and exchange ideas
