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
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 
You might be interested in
Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. An
Arisa [49]

Answer:

$2 per-unit cost of production

Explanation:

since 20 units are produced and 10 units of input are used so,

divide 20/ 10 to get per unit cost of production.

        20/10 = $2

6 0
3 years ago
Why is accounting a service industry?
Y_Kistochka [10]
Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:


A. Because it provides support but no tangible goods.

Hope this works out for ya!


3 0
3 years ago
Read 2 more answers
What entrepreneurship activities could you engage in that
Nady [450]

Entrepreneurship activities should you interact in that would beautify the mastering reviews you're gaining to your training on campus or online:

whilst getting to know to turn out to be marketers, we should usually select to construct upon new possibilities, community, search for mentors to research from them as well as brainstorm new thoughts on every occasion we have the time to interact in it.

An entrepreneur is a person who creates a new commercial enterprise, bearing maximum dangers and taking part in a maximum of rewards. The method of setting up an enterprise is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a supplier of the latest thoughts, items, services, and enterprises/or methods.

Entrepreneurship is the advent or extraction of monetary fees. With this definition, entrepreneurship is considered as an exchange, normally entailing a threat beyond what is usually encountered in starting a business, which may additionally encompass different values than sincerely monetary ones.

Learn more about entrepreneurs here: brainly.com/question/353543

#SPJ4

4 0
2 years ago
An important difference between accounting and other 4 functions, such as marketing and management, is that
Stolb23 [73]
Well, since there's no options

Accounting : providing information regarding all financial aspects in the company

Marketing : determining kinds strategies to introduce  company's products to the market

Management : Organizing all part of the company in order to reach company's goal
3 0
3 years ago
The idea that an economy can get stuck in either an unemployment equilibrium or an inflation equilibrium is most closely associa
satela [25.4K]

Answer: D

Explanation:

the idea of coordination failures

8 0
3 years ago
Read 2 more answers
Other questions:
  • Select the items that describe what is most likely to happen when the Federal Reserve decreases the money supply.
    9·1 answer
  • Suppose the price of a ticket to a lenny kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 pe
    12·1 answer
  • What law gives you the legal right to know about all the hazardous chemicals that you may be exposed to at work, the specific ha
    13·1 answer
  • Assume you are the new Product Manager in our Amazon Prime business and are in charge of Pricing. The VP would like to lower the
    11·1 answer
  • Who is richer -Jeff Bezos or Bill Gates?​
    7·2 answers
  • The population of a country has a relative growth rate of 3% per year. The government is trying to reduce the growth rate to 2%.
    11·1 answer
  • Island Trading Co., a client of your CPA firm, has requested your advice on the following problem. It has three clerical employe
    8·1 answer
  • The production strategy of a firm using a global strategy would likely entail A. A narrow selection of models and styles with ea
    10·1 answer
  • During January, 7,000 direct labor hours were worked at a standard cost of $20 per hour. If the direct labor rate variance for J
    9·1 answer
  • TB MC Qu. 16-98 At the beginning of the recent... At the beginning of the recent period, there were 1,020 units of product in a
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!