Answer: Economic perspective is when an issue is considered been affected by the economy or the economy affecting the issue when making a decision. This decisions making are described as follows;
Scarcity; Available resources can only be used for only one purpose at a time, that means choice has to be made. Because I choice must be made, decision making has to be considered. Scarcity and choice goes together.
Opportunity cost; The cost of any activity,goods or services is the absolute value of what must be given up to obtain it. That means a decision for the value to be given up as cost, to get a goods, services or activity should be weighed.
Utility; this is the satisfaction derived from the consumption of a goods or services. Before a satisfaction can be achieved, a value must be given up to achieve such satisfaction, a decision of the value to be given up compared to the satisfaction should be weighed
Marginal analysis; any option considered in decision making weigh the marginal benefit against the marginal cost, where marginal means extra, additional, or a change in. Therefore the marginal cost of an action should not exceed it's marginal benefits. Whether the decision is personal or one made by business organization or government, the principle is always the same.
Purposeful behaviour; people always weigh costs and benefits in a way to maximize satisfaction with their decision. They should be a rational self-interest, which will lead to achieving maximum utility in decision making.
Answer:
e. $90; $100
Explanation:
The reserve ratio also known as cash reserve ratio is the portion of deposit that commercial banks must hold onto, rather than lend out or invest. It is determined by the central bank of a country and it varies.
Deposit into local bank=$100
Reserve ratio=10%
reserve ratio=10% of $100
=10/100×$100
=0.1×$100
=$10
Bank reserve has increased by $100 - $10
=$90
Checkable deposit has increased by $100 dollars deposited.
Answer:
d. a letter to a customer denying a request for credit.
Explanation:
Routine messages are part of a business' daily operations; It communicates the what, who, where and when elements of operations. They are usually simple and positive requests for information or action by one person to another, daily meeting with coworkers, new updates and instructions as well as replies to customers. Among the choices given, a letter to a customer denying a request for credit is not part of it.
Answer:
The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.
Cheers
<h3>Hello there!</h3>
Your question asks what type of function the new pizza box is performing.
<h3>Answer: Facilitate use</h3>
The reason why "Facilitate use" is the correct answer is because this is what the pizza box is performing to Tony.
Facilitate means to make something easier, and this is what the pizza box is doing to Tony; making the pizza easier to handle.
Things that made Tony's experience easier:
- Pizza box can make a handle
- Used a serrated metal edge from the pizza box to cut the pizza
With the things that the box does above, it made Tony's experience with the pizza a lot more easier.
The pizza box allowed Tony to have a handle to carry around the pizza so he doesn't burn himself while in the process. The pizza box also allowed Tony to easily get a hold of a sharp object to cut the pizza in slices, so he doesn't have to waste any time to go get a knife in his kitchen, and having to wash it afterwards.
After Tony is done with the pizza, he could just throw the box away with know trash or washing to do, simple as that. This pizza box allowed Tony to have an easier experience.
<h3>I hope this helps!</h3><h3>Best regards, </h3><h3>MasterInvestor</h3>
