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andreev551 [17]
3 years ago
8

Select the items below that describe why scarcity exists.

Business
2 answers:
kipiarov [429]3 years ago
5 0
Scarcity exist because of the unlimited wants of people. There will be no scarcity of something if there is no demand and wants for that thing.
Yanka [14]3 years ago
5 0

The top two answers are correct.

People's wants are unlimited and resources are limited.

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Dr. hamrick is hired by the abc company to hear cases involving grievances of employees of the company. sometimes evidence is pr
Phoenix [80]

Answer:

This is an example of <u>"arbitration".</u>

Explanation:

When someone resolve the disputes outside the court, and that person is the third party who is solving the dispute of two parties, this process is known as arbitration. As in the given scenario Dr, hamrick is hired to resolve the disputes of the employees of the company, so this is the example of the process of arbitration.

8 0
3 years ago
Which institutes offer two-year programs that enable students to obtain an associate degree?
ehidna [41]

Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.

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Delvig [45]
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8 0
3 years ago
Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 worker
Triss [41]

Answer:

d. the quantity demanded for the market will increase to less than 30,000 workers.

Explanation:

Missing options:

  • a. the quantity demanded for the market will increase to 30,000 workers.
  • b. the quantity demanded for the market will increase to more than 30,000 workers.
  • c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
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maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.

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Makovka662 [10]

The answers are the following; assortment warehouse and spot stock warehouses.

It is because the assortment warehouse the capability of carrying goods in a long period of time while the spot stock warehouses only has seasonal goods that are placed or focused on.

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