1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harkovskaia [24]
1 year ago
11

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

#SPJ1

You might be interested in
When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted
zysi [14]

Answer:

B

Explanation:

When using the indirect method to prepare the operating section of a statement of cash flows , the gain on sale of land will be deducted from the net income as it has already been included in the net income as the gain on the sales of the land , which was a non cash recognition in the course of the business.

Decrease in receivable means that there was an inflow of cash as some receivables had paid their debts , thus it is added.

The amortization is a non cash expenses that had been deducted which will need to be added back to the net income for the purpose of cash flow.

5 0
3 years ago
Why are people engaged in business? Explain.​
Crank

Answer:

The reason why people get engaged in business is because they become more productive and people engage in business to make money and get returns on investment.

Explanation: This is the answer I hope this helped you out.

3 0
2 years ago
A new company manufactures tennis rackets. The fixed expenses are $78,490 and the variable expenses are $14 per racket produced.
fomenos

The solution for the problem follows:

 

Expense = variable expenses * quantity of produced + fixed expenses

= 14q + 78,490

= 14 (3500) + 78, 490

= 49000 + 78,490

= $127, 490 is the total expense for 3,500 tennis rackets

 

Get the per piece expense by dividing 127,490 to 3500

Expense per piece = 127,490 / 3500

= $36.43

 

<span> </span>

3 0
3 years ago
That a company chooses a new product to introduce into the market is a ▼ capital budgeting capital structure working capital man
SashulF [63]

Answer:

Capital budgeting

Capital Structure

Working Capital Management

Explanation:

When a company wants to introduce any new product in the market it will do the cost benefit analysis and will involve the capital budgeting decisions.

When any kind of bonds are sold, shares are issued, debentures are sold, then that is about creating source of capital that is about, capital structure decision.

When the decision is made relating to any current assets or current liabilities, it is refer to working capital decisions as the working capital includes decision of current assets and current liabilities.

3 0
3 years ago
Why is the just war theory considered a middle path between realism and pacifism?
alexira [117]

Answer: it is considered a middle path between realism and pacifism because it states that violence or military force can only be used in very specific occurrences. And that military force can only be used in cases in self defense or to protect civilIan’s.

Explanation:

4 0
3 years ago
Other questions:
  • Blue Moose Home Builders’s quick ratio is ____, and its current ratio is _____; Blue Hamster Manufacturing Inc.’s quick ratio is
    14·1 answer
  •  A sick relative has decided to create a living will. Based on your knowledge of living wills, what type of information do you t
    11·1 answer
  • What is the difference between a hands-off manager and a hands-on manager?
    11·2 answers
  • According to Fiedler's contingency model, ______ situation control favors a leader who is ______ oriented.
    12·1 answer
  • Old Town Industries has three divisions. Division X has been in existence the longest and has the most stable sales. Division Y
    11·1 answer
  • _____ refer(s) to the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it
    9·1 answer
  • Fiori Corporation's relevant range of activity is 4,700 units to 11,500 units. When it produces and sells 8,100 units, its avera
    8·1 answer
  • On August 1, 2022, Burdick Co. issued bonds with a face value of $600,000. The bonds carry a stated interest rate of 8%; interes
    9·1 answer
  • Where are goods and services sold to consumers?
    7·1 answer
  • You are in the middle of an interview, and you feel like things are going horribly. The interviewer is asking questions that you
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!