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
pentagon [3]
3 years ago
14

The term "scarcity" in economics can refer to the fact that:

Business
1 answer:
Dominik [7]3 years ago
7 0

Answer:

The correct answer is letter "C": no country can produce enough products to satisfy everybody's economic wants .

Explanation:

Scarcity is the basic economic problem by which individuals have unlimited wants but have limited resources to fulfill them. Scarcity drives individuals to allocate their resources efficiently so most of their needs can be satisfied.  

Because of scarcity, people are forced to make <em>trade-offs</em> implying part of their needs must be sacrificed so other needs can be covered. Thus, <em>we could say that there is no country able to produce enough products to satisfy everyone's wants.</em>

You might be interested in
Security X has an expected rate of return of 13% and a beta of 1.15. The risk-free rate is 5%, and the market expected rate of r
kondaur [170]

Answer:

B) overpriced

Explanation:

Please see attachment

8 0
3 years ago
Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in¬cluding extracting silver
GenaCL600 [577]

Answer:

C. life estate

Explanation:

A life estate is an estate interest in land that lasts for the life time of the life tenant. The holder of a life estate has a full right to possess the property during their life. A life estate is restrictive in that it prevents the beneficiary from selling the property that produces the income before the beneficiary's death. But the estate cannot continue beyond the life of the beneficiary.  A major benefit of a life estate deed is that it can be used to pass property upon the life tenant's death without it being part of the life tenant’s estate.  

8 0
3 years ago
To: Ellen Stanford From: Thomas Gregory [1] Proposed Agenda for November 6 Meeting Dear Ms. Stanford, [2] Please review the foll
puteri [66]

Answer:

Parts of Email:

Part 2 of the email is part of Introduction and Details as explained below.

Explanation:

Emails can be divided into six major components:

1. Subject Line: Proposed Agenda for November 6 Meeting

2. Greeting: Dear Ms. Stanford

3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.

4. Details: Agenda for our next shareholder meeting

• Rising stock prices

• Discussion of new investors

• Portfolios and new funding

• Introduction of new vice-president

5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.

6.Closing/Sign-off:  Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490

8 0
3 years ago
How do contact lists differ from an address book?
PilotLPTM [1.2K]
Contact lists contain more information about a person than an address book. A contact list is a collection of screen names in an instant messaging or e-mail program or online game or mobile phone. a address book is a book for recording the names, addresses, and telephone numbers of friends, businesses.
8 0
3 years ago
Which formula best describes the amount an insurance company will pay you for your loss?
Aleksandr-060686 [28]
A) Payment = Loss - Deductible
because you always need to pay your deductible so you won't get this amount of money back
6 0
3 years ago
Read 2 more answers
Other questions:
  • You transferred $6,456 from your checking account to your savings account. The balance in savings was $7,870 before the transfer
    13·2 answers
  • "judith supervises a call center department that receives stress-producing calls from unhappy customers. turnover has increased
    5·1 answer
  • British government 4% perpetuities pay £4 interest at the end of each year forever. Another bond, 2½% perpetuities, pays £2.50 a
    6·1 answer
  • Juan says that good spelling, punctuation, and grammar skills are considered core responsibilities for the administrative assist
    7·2 answers
  • The overhead costs for a company are presently $X per month. The management team of the company in cooperation with the employee
    14·1 answer
  • A factory produces short-sleeved and long-sleeved shirts. A short-sleeved shirt requires 30 minutes of labor, a long-sleeved shi
    9·1 answer
  • Preparing a budget is a simple six-step process.
    11·1 answer
  • Cover page styles in the cover page gallery match the preformatted ____ styles in word, making it easier to create a coherent st
    15·1 answer
  • Alpaca Corporation had revenues of $245,000 in its first year of operations. The company has not collected on $18,800 of its sal
    13·1 answer
  • You are the project manager assigned to a project to upgrade an old bus shelter. The shelter is located along South Street trave
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!