Economists believe that the wants of people are infinite.
<h3>What is want in economics?</h3>
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
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The creatives who designed this ad intended its headline to
be an attention-getting device. It is defined as having to show an opening
statement in which the speaker uses that is to be engaged to the attention of
the audience are likely to be capture after the component of the introduction
that the speaker has given.
Answer: The debt payments-to-income ratio is: calculated by dividing monthly debt payments (excluding mortgage payments) by net monthly income.
This ratio is a measure that analyze an person’s monthly debt payment in accordance with his/her monthly income.
The gross income is the pay before taxes and other variables are deducted.
<em>i.e. </em><em>debt payments-to-income ratio =
</em>
<em>Therefore, the correct option is (b)</em>
Answer:
General; limited; limited.
Explanation:
Limited partnerships have two classes of partners. These two (2) classes are;
1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.
2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.
Hence, the general partner actually runs the business and faces unlimited liability for the firm's debt, while the limited partner is only liable up to the amount the limited partner invested.
Answer:
The correct answer is letter "E": Through advertising, a company can control, to some extent, to whom the message is sent.
Explanation:
Advertising is the main key to Marketing by which companies promote their goods or services in an attempt to attract a target population. However, the process of determining what advertising technique a firm will use is not that simple. A series of psychological approaches are used to reach consumers strategically.
<em>Companies at a certain level, manage their marketing audience. Though, different mediums of communication allow people of all kinds, not necessarily the company's target population, to be aware of the promotion somehow.</em>