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arlik [135]
1 year ago
12

In economics, decisions are necessary because ________ are scarce, while ________ are practically unlimited.

Business
1 answer:
sasho [114]1 year ago
3 0

In economics, decisions are necessary because resources are scarce, while wants and needs are practically unlimited.

<h3>What is economic?</h3>

Economics examines how products and services are produced, distributed, and consumed as well as the decisions that people, corporations, communities, and countries make when distributing funds.

There are enormous people who are living in this world and all of them have some kind of need or want them to need to fulfill and also which means that there will be limited resources that will be available to them in the near future also.

Learn more about economics, here:

brainly.com/question/14355320

#SPJ1

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chapter 16 discusses evaluative criteria and chapter 18 discusses postpurchase cognitive dissonance. what are some things that a
Tems11 [23]

Amazon may have to make recommendations for the items that the consumer wants to purchase. They would also make suggestions as well.

The company can also ensure to keep the information and data of the shoppers safe on their website.

<h3>How Amazon can help the customers</h3>

Based on the item and comparable searches made by consumers looking for similar kinds of things, Amazon can offer a set of recommendations and ideas. It is possible to track drones that have been assigned to deliver products online.

Additionally, features like "try and buy" can be added, allowing the customer to return the item at their doorstep after giving it a try. The return process should follow a similar pattern to how quickly orders are delivered so that customers do not encounter any problems after making a purchase. Customers will undoubtedly feel more at ease about their shopping experience as a result, and any post-purchase issues will be diminished.

Read more on Amazon here: brainly.com/question/11776305

#SPJ1

8 0
1 year ago
Question 2 of 10
11111nata11111 [884]

Answer:c

Explanation:

8 0
2 years ago
Read 2 more answers
Frank, a marketing manager, has often noticed that his team members do not communicate with each other and are rarely present fo
Kipish [7]

Answer:

Cohesiveness

Explanation:

The measure of the level of unity in a group or team is called cohesiveness. It is a measure of how communicative the members of a team are. It describes the linking bond among them that makes them act as a team.

Cohesiveness is important because it also affect the extent to which members of a team are committed to working with centrally defined strategies and decisions. A cohesive team is a team that with increased morale and it also helps to boost productivity.

The feeling of being part of something big helps highly cohesive teams to achieve great job performance.

The lack of cohesiveness in Frank's team is evident in the low level of communication as well as the low level of productivity.

6 0
3 years ago
Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo
White raven [17]

Answer:

In every form of analysis, it is always safer to take a macro or holistic view of the situation. This is true for the investment performance of a manager. One investment decision that went right does not suffice to classify an investment portfolio manager as proficient, neither is one that went south enough to tag him deficient.

The forecasting ability of managers, on the balance of probability, will vary for different cases, with a helicopter view of providing a more accurate measure of their performance.

However, if it was possible to analyse the market for volatility and adjust our forecasts it becomes unnecessary to look at and analyse all the information from a 12-month cycle before coming to terms about the performance of the manager.

Cheers!

4 0
3 years ago
Mr. Hudson notes that if he produces 10 pairs of shoes per day, his average fixed cost (AFC) is $14 and his marginal cost is $8;
zalisa [80]

Answer:

Average fixed cost for 20 units = $7

Explanation:

<em>The fixed costs are cost are expenditures that do not vary with the activity level within a given range. Unlike variable costs, fixed costs are tend to be unaffected in the short run by amount of production work done or service rendered.</em>

The units produced will not have an impact on the total fixed costs but rather on the average fixed cost. The average fixed cost would become lower as the units produced increases.

Average fixed cost = Total fixed cost / Total units produced.

Hence , Total fixed cost = Average fixed cost × units produced

DATA

AFC - $14

Units - 10 units

Total fixed cost = 10 × 14 = $140

Average fixed cost for 20 units =Total fixed cost / Number of units

140/20 = $7

Average fixed cost for 20 units = $7

3 0
3 years ago
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