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1 year ago

Scarcity of a key resource or input into the production process

Business

1 answer:

vladimir2022 [97]1 year ago

5 0

Scarcity reduces the producer's ability to manufacture a limitless number of goods, thus limiting output.

<h3>What is the production process?</h3>

Producers may have to make the difficult decision of which product to prioritize for manufacture out of a variety of items using limited resources.

Overall, a lack of resources or manufacturing inputs results in a smaller number of goods or services available on the market, which has an impact on customers by forcing them to make difficult purchasing decisions.

Therefore, when something is scarce, more people want it than can be supplied.

Learn more about, scarcity, here:

brainly.com/question/28154985

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3 years ago

Can you tell when someone you call is friendly before answering the phone?EXPLAIN

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The first thing is that friendly conversation companion is the one who will be available for you to talk and answers you with logics and is more kind.

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3 years ago

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kifflom [539]

Answer:

The answer is <u>"November 13".</u>

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3 years ago

Value:

Simora [160]

It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.

<h3>What is a Trial Balance?</h3>

Please, note that the original worksheet is not attached, hence the general answer.

This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.

Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.

See the link below about Trial Balance:

brainly.com/question/24914390

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2 years ago