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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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Answer:

How many times will interest be added to the principal in 1 year if the interest is compounded quarterly? C. 4

Explanation:

Compounding means at the end of every term, the interest adds up to the Principal Amount. Compounded quarterly means, you do it for every three months. So after every three months, your interest will be added to principal.

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3 years ago

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Answer:

Follows are the solution to this question:

Explanation:

In point A:

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3 years ago

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Natasha_Volkova [10]

Answer:

Explanation:

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3 years ago

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3 years ago

Assume Evco, Inc., has a current price of $50 and will pay a $2 dividend in one year, and its equity cost of capital is 15%. Wha

gtnhenbr [62]

Answer:

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2 years ago