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zzz [600]
3 years ago
8

What is the economic problem

Business
1 answer:
Greeley [361]3 years ago
7 0

Answer:

The problem of deciding or choosing how to satisfy unlimited wants with limited resources is called economic problem

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Clearing House Interbank Payment System (CHIPS) is an organization that provides secure communication for contracts, invoices, a
lakkis [162]

Answer:

the spleen

Explanation:

3 0
3 years ago
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experien
Rudik [331]

Answer:

Gross profit= 131,500

Explanation:

Giving the following information:

Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F

To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.

Gross profit= 220,000 - 90,000 + 1,500= 131,500

4 0
3 years ago
From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
Stells [14]

The correct answer is Passive or Interactive.

From the consumer’s perspective, the elements of an IMC strategy can be viewed as being either Passive or Interactive.

<h3>What do you understand about the concept of IMC strategy? </h3>
  • Integrated Marketing Communication.
  • It refers to a process of combining and uniting the different parts of communication like public relations, audience analytics, social media etc. to form a brand identity that remains like a constant.
  • IMC helps the companies to work on multi-pronged marketing campaigns and identify the right audience and target that audience with right channels.
  • It helps in building trust, it is very cost effective and it helps in improving efficiency.

To learn more about IMC visit:

brainly.com/question/15290848?

#SPJ4

8 0
2 years ago
What is the reason why people want something that is scarce?
vfiekz [6]
"Human wants are unlimited" is the one among the following choices given in the question why <span>people want something that is scarce. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your desired help.</span>
5 0
3 years ago
What are the two characteristics of a product or service that define quality?
Nata [24]

Answer: Design quality and process quality

Explanation: A product or service is performed through a set of actions, which define whether it is good or bad (quality). Therefore, it can be said that the quality of the product or service, comes from the ability of the organization to respond to the needs and expectations of customers satisfactorily. Designing the quality of the products is the route that the seller follows to satisfy all the needs of the client and the process used for this, which must be thorough to meet the expectations of the customers.

7 0
3 years ago
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