Which statement best defines the term economics?

1 answer:

4 0

<span>The correct answer should be something along the lines of "the study of distribution of scarce goods", or "the study of choices with limiter sources", or the study of the circulation of goods or anything similar. There are various different definitions of what economics are and often it encompases many more things than just money since economics existed even before money was created, only they were simpler.</span>

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When preparing a merchandise purchases budget, the required purchases in units equals: Select one: a. budgeted unit sales + begi

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Answer:

b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.

Explanation:

Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.

Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.

Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.

So, the correct option is b.

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The average level has increased A

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The manufacturing cost of the widgets your company makes has dropped by 50%. One of your customers, Sam, tells you he knows this

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Based on the above scenario, the answer is No. I would not tell Sue, because manufacturing cost falls under business's internal factors that tends to affect firm's profitability.

<h3>What is discount?</h3>

Others are:

Also note that if i tell her, my actions will be found to be ethically incorrect.

The term discount is known to be an act or process where a price of product or services are reduced prices to a price lower than the exact sum of that item.

Note that Based on the above scenario, the answer is No. I would not tell Sue, because manufacturing cost falls under business's internal factors that tends to affect firm's profitability.

Learn more about discount from

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Answer: Data mining

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What is happening with Unemployment of Indonesia over the past 2 or 3 years?

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Answer:

The unemployment rate in Indonesia increased to 6.26 percent in the first quarter 2021 from 4.94 percent in the same quarter a year earlier, amid the economic downturn caused by the coronavirus crisis. The number of unemployed persons surged by 1.82 million to 8.75 million. Meanwhile, the number of employed declined by 2.23 million to 131.06 million, mostly in the transportation and warehouse (-0.30 percent) while that in accommodation and food services reported the largest increase (0.34 percent). Meantime, the labor force participation rate declined to 68.08 percent in the first quarter from 69.21 percent in the prior year.

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