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3 years ago

How does scarcity affect Trey?

Business

1 answer:

Diano4ka-milaya [45]3 years ago

6 0

Answer:

The answer is: All our actions and decisions are affected by scarcity. Trey must decide what actions he needs to take to maximize his well being.

Explanation:

By definition all resources are finite, they have a limit. Even the richest corporations in the world have a certain amount of money, no one can have infinite money. No basketball team is made up of 7 billion people, someone in the world will not be able to play basketball. Time, materials, goods, services, everything is limited, so everything is scarce.

Trey´s (and everyone else´s) day is only 24 hours long, so he must decide how to divide his time to achieve the goals that maximize his happiness or well being. He must decide what is most important for him, a car or the basketball team. Time scarcity sets up a limit on the decisions we make. He must decide whether to work more to be able to buy the car, or should he stay on the team and forget about the car. Only Trey can decide based on what will make him happier.

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Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.

Law Incorporation [45]

This question is incomplete! here is the complete question with answer!

Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.

Quantity A : Number of different combinations possible

Quantity B : 25

A The quantity in Column A is greater

B The quantity in Column B is greater

C The two quantities are equal.

D The relationship cannot be determined from the information given.

Answer:

A The quantity in Column A is greater

Explanation:

Lets first analyze the number of different combinations possible!

To find out the combinations we use the following formula:

The number of ways to choose a sample of r elements from a set of n distinct objects where order does not matter.

$nCr=\frac{n!}{r!(n-r)!}$

Car X can have these 5 features: sunroof, stereo, tinted windows, leather seats and cruise control.

Car X has 2 options for each feature: Included or Not included

If car X has no feature at all then:

$5C0=\frac{5!}{0!(5-0)!}=\frac{5!}{0!*5!}=1$

If car X has 1 feature included then:

$5C1=\frac{5!}{1!(5-1)!}=\frac{5!}{1!*4!}=5$

If car X has 2 features included then:

$5C2=\frac{5!}{2!(5-2)!}=\frac{5!}{2!*3!}=10$

If car X has 3 features included then:

$5C3=\frac{5!}{3!(5-3)!}=\frac{5!}{3!*2!}=10$

If car X has 4 features included then:

$5C4=\frac{5!}{4!(5-4)!}=\frac{5!}{4!*1!}=5$

If car X has all of the 5 features included then:

$5C5=\frac{5!}{5!(5-5)!}=\frac{5!}{5!*0!}=1$

Now sum all the possible combinations: 1+5+10+10+5+1=32

So, quantity A is 32 and quantity B is 25

Therefore, we can conclude that the quantity in column A is greater

8 0

3 years ago

Which command is used to draw visible line form invisible line mode *

KatRina [158]

In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.

Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.

Some of the commands that are used on Microsoft window logo include the following:

FORWARD (fd)

BACK (bk)

HOME

RIGHT (rt)

Pendup (PU)

Pendown (PD)

In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.

Read more on programming language here: brainly.com/question/16901424

6 0

2 years ago

Which of the following is true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college c

blsea [12.9K]

Answer:

All of these options is true

Explanation:

Statement of revenue and expenses is a comprehensive report showing the amount of profit earned minus the amount of operating expenses.

It provides information regarding the organization's operation as well as the revenue generated.

Revenue earned is collated as receipts and included in the statement of revenue and expenses.

Regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college choosing to report as a special-purpose entity engaged in business-type activities, the following apply:

State appropriations should be reported as non-operating income
Both contributions for plant and for endowment purposes must be reported separately after both operating and non-operating revenues and expenses
An operating income figure must be displayed

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2 years ago

Which of the following is an example of irregular income? a) A full-time job b) A part-time job c) A graduation gift d) Both b a

alexandr402 [8]

Which of the following is an example of irregular income?
A. A full-time job
B. A part-time job
C. A graduation gift
D. Both b and c

The answer is C

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3 years ago

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The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is

Flauer [41]

Hello there.

<span>The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is a/an

Answer: </span><span>A. $800 debit.
</span>

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3 years ago

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