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Lerok [7]
3 years ago
12

Individuals and companies respond to incentives in order to allocate their scarce resources in ways that provide the __________

possible returns to them. Highest or lowest?
Business
2 answers:
Crazy boy [7]3 years ago
8 0

Answer:

highest

Explanation:

In a market system with scarce commodity, the best possible option is to optimize the use of the scarce commodity in order to ensure that the highest return is obtained from the operation. When there is a scarce commodity, there is a need to use the commodity effectively and efficiently. Therefore, the correct option to the question is 'highest'.

MakcuM [25]3 years ago
7 0
Lowest because to show how scarce it is it will have to be low 
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Consider two cigarette companies, PM Inc. and Brown Inc. If neither company advertises, the two companies split the market and e
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Which of the following best describes a cartel? A.when businesses agree to limit supplies of a product C.complete control of a p
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C. Complete control of a product or service
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4 years ago
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g Call options on IBM-listed stock options are Group of answer choices created by investors and traded on various exchanges. iss
Scorpion4ik [409]

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Explanation:

Call options are contracts that give the buyer the right to buy the underlying assets of the option on a particular date at a set price by exercising the option. American Call options can be exercised anytime before the date listed in the contract as well.

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8 0
3 years ago
The Fortunato Corp.'s inventory at Dec 31, 2018, was $325,000 based on a physical count priced at cost, and before any necessary
AleksandrR [38]

Answer:

$405,000

Explanation:

The computation of the ending inventory reported is shown below:

Inventory on December 31,2018 $325,000

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Ending inventory reported $405,000

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