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Novosadov [1.4K]
3 years ago
11

which of the following best explains why resources need to be allocated in the game of economics? A) natural resources are often

found in places far from where they are used for production B) if sufficient resources are not set aside for future production, scarcity cannot be eliminated C) there are not enough resources to produce all of the good and services that everyone wants. D) there are always different production methods for the same goods and services
Business
2 answers:
professor190 [17]3 years ago
8 0

Which of the following best explains why resources need to be allocated in the game of economics? C. There are not enough resources to produce all of the good and services that everyone wants. There will never be enough resources available to produce everything that every person wants, so there needs to be a purpose for the ones we do have available and where they need to be allocated. Although, in a perfect world, there will be enough goods and services that everyone wants available when they want them, that just isn't the case so it's important to make sure the needs are produced before the wants.

DerKrebs [107]3 years ago
4 0

C) there are not enough resources to produce all of the good and services that everyone wants.

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Workers in europe get approximately ______ weeks of vacation a year, whereas workers in the united states average approximately
kupik [55]
In Europe, here are 22 paid vacation days and 13 paid when on holidays. Summing up, that could be a total of 4 weeks of vacation. While on the other hand, the United States as only 16 vacation days, both paid and unpaid, and that could be a total of around 2 weeks of vacation only.
5 0
3 years ago
Which of the following is true of​ cartels?
djyliett [7]

Answer:

option c is correct

Explanation:

option c is correct

cartel member are having an advantage to withraw or cheat  from contract at any time.

cartel word is  first used in 1930 by one drug dealer in mexico. it is collective group of two or more participant  with motives to dominate in entire market and make huge profit.

4 0
3 years ago
Lighting design personnel must: A. Understand environmental, cost, and associated benefits of energy-efficient lighting B. Recog
Setler79 [48]

Answer: All of the above

Explanation:

The Lighting Design Personnel is in charge of the designing, the installation, and the operation of lighting and every other special electrical effects.

Such person must understand environmental, cost, and associated benefits of energy-efficient lighting. Also, he or she must be bake to recognize when specialized knowledge is necessary and also estimate energy cost savings

Therefore, the correct option is all of the above.

6 0
3 years ago
Hitzu Co. sold a copier costing $4,800 with a two-year parts warranty to a customer on August 16, 2018, for $6,000 cash. Hitzu u
fredd [130]

Answer:

1) $240 warranty expense

2) $240 warranty liaiblity

3) zero as decreases the warranty laibility

4) 240 beginning - 209 used = 31 ending

5)

cash    6,000 debit

 sales revenues 6,000 credit

--to record sale--

warranty expense 240 debit

  warranty liability          240 credit

--to record prevision for warranty expenses--

warranty liability     209 debit

     inventory                   209 credit

--to record use of the warranty from the customer--

Explanation:

1) sales x expected warranty = 6,000 x 0.04 = 240

2) it will be for the 240 as the accounting works with double-entry

6 0
3 years ago
Farah Snack Co has earnings after taxes of $128, 750. Interest expense for the year was $20,000: preferred dividends paid were $
Leto [7]

Answer:

A. $0.90

Explanation:

Earning per share = (Net Income - dividends on preferred stocks)/average outstanding common shares

Particulars                                                               Amount

Earning After Tax                                                       128750

Taxes                                                                       15000

Earning before Tax & Interest Expense               143750

Interest Expense                                                      (20000)

Earning after Interest, but before Tax                       123750

Taxes                                                                       (15000)

Earning after Taxes                                               108750

Preferred Dividends                                               (18750)

Earning available for common stock holders       90000

common stock outstanding                                      100000

Earning per share                                                         0.9

Therefore, The outstanding Earnings per share on the common stock was $0.90

8 0
3 years ago
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