All categories

3 years ago

How do scarce resources influence you personally? What impact does this have on your financial management?

Business

2 answers:

tatiyna3 years ago

5 0

Answer: fossil fuels

Explanation: fossil fuels values revolve around supply and demand becuase there is a shortage of fossil fuels which is why they are worth more and can impact the economy, which would also mess with your financial management

Alex777 [14]3 years ago

4 0

An example can be fossil fuels. If there's oil shortages and import shortages of oil due to world politics issues, oil prices can go up significantly and since everyone needs cars, even simple things like bread can become more expensive due to transportation costs or things similar to that. If oil is scarce, then you have to pay more for things so you have to be more careful about your spending.

You might be interested in

On March 1, 2019, Baltimore Corporation had 65,000 shares of common stock outstanding with a par value of $5 per share. On March

andreyandreev [35.5K]

Answer:

retained earnings 175,500

common stock 48,750

paid in excess of par 126,750

Explanation:

The diivdends are 15% so we multiply this by the shares outstanding to know the amount of shares:

65,000 x 15% = 9,750 shares

Then we multiply by the market value to know the amount needed:

9,750 x $18 market value = $175,500 stock dividends

The common stock will be 9,750 at par

and the remainder will be paid in excess.

9,750 x 5 = 48,750 CS

175,500 - 48,750 = 126,750

7 0

3 years ago

The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it

crimeas [40]

Answer:

The required probability is 0.066807

Explanation:

Given,

σ = 220

μ = 1200

The probability that a random selection of computer which will have the price of at least $1,530 is computed as:

P (X ≥ 1530 ) = 1 - P (X ≤ 1530)

= 1 - P ( X - μ / σ)

= 1 - P ( 1530 - 1200 / 220)

= 1 - P ( z ≤ 1.5)

= 1 - 0.933193

= 0.066807

Note: This 0.933193 value is taken from the z table.

8 0

3 years ago

One of the advantages associated with television as an advertising medium is that it:

Anastaziya [24]

It has a bigger audience and reaches put to people of all ages

4 0

2 years ago

Annual maintenance costs for a particular section of highway pavement are $2500. The placement of a new surface would reduce the

rewona [7]

Answer:

The maximum investment is $6,360.111

Explanation:

Giving the following information:

The placement of a new surface would reduce the annual maintenance cost to $500 per year for the first 3 years and to $1000 per year for the next 7 years. After 10 years the annual maintenance would again be $2500.

We need to find the net present value. The maximum initial investment will be the amount that makes the NPV cero.

NPV=∑[Cf/(1+i)^n]

Cf= cash flow

<u>For example:</u>

Year 1= 500/1.05= 476.19

Year 3= 500/1.05^3= 431.92

Year 5= 1,000/1.05^5= 783.53

NPV= 6,360.111

The maximum investment is $6,360.111

6 0

3 years ago

Which of the following loans will typically offer the lowest interest rate? A:Payday loan B:Federal Student Loan C:Private Loan

neonofarm [45]

C. Private loan - a loan between two private parties can be set to whatever they want and is usually lower than the average that banks and other professional industries offer.

FYI - payday loans will have some of the highest interest rates of all loans.

Hope that helps

8 0

3 years ago