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1 year ago

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

1 answer:

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:

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At Bargain Electronics, it costs $29 per unit ($16 variable and $13 fixed) to make an MP3 player that normally sells for $51. A

Sphinxa [80]

Answer:

The special order should be accepted, as it will increase Net income by $38,000.

Explanation:

Differential Analysis

Reject Accept Net income Increase/(Decrease)

Revenues 0 $118,750 $118,750

Cost-manufacturing 0 $76,000 -$76,000

Shipping 0 $4,750 <u>-$4,750</u>

Net income 0 $38,000 <u>$38,000</u>

The special order should be accepted, as it will increase Net income by $38,000.

<u>Workings</u>

Accept Order Revenue = 4,750 *$25 = $118,750

Accept Order Cost-manufacturing = 4,750 * $16 = $76,000

Accept Order Shipping = 4,750 * $1 = $4,750

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2 years ago

C&K Brewing Company is a microbrewery in western Canada. It produces Maiden’s Honor brand ale, a dark beer called Warrior’s

ehidna [41]

Answer:

The correct answer is letter "A": concurrent .

Explanation:

Concurrent control is adopted to regulate ongoing activities in an organization so that they can meet the company's standards. This type of control is chosen to ensure that the output will have the results expected. It implies measuring the quality of the processes at a certain point in time to determine to continue with them or not.

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3 years ago

The Constitution expressly grants which of the following powers to Congress? a. to receive ambassadors b. to appoint judges c. t

lbvjy [14]

Answer:

d. to regulate interstate commerce

Explanation:

The United States Constitution has the commerce clause in Article 1 Section 8 which allows the Congress to control the commerce with other nations and among the states.

According to this clause, the Congress can regulate the commerce that takes place between states and because of that, the answer is that the Constitution expressly grants the power to regulate interstate commerce to Congress.

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2 years ago

A stock has a required return of 11%; the risk-free rate is 7%; and the market risk premium is 4%.

kotegsom [21]

Answer:

The Beta is 1

The required return increases to 13%

Explanation:

The formula for required return is given below:

Required Return = Risk-Free Rate of Return + β(Market Return – Risk-Free Rate of Return)

required return is 11%

risk-free rate of return=7%

Beta is unknown

market return-risk free rate of return is market risk premium is 4%

11%=7%+beta(4%)

11%-7%=beta*4%

4%=beta*4%

beta=4%/4%

beta=1

If the market risk premium increased to 6%,required return is calculated thus:

required return=7%+1(6%)

required return =13%

This implies that the riskier the stock, the higher the market risk premium, the higher the required return to investors.

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3 years ago

What do you understand by marketing mix

k0ka [10]

Explanation:

When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.

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3 years ago

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

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