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
Oduvanchick [21]
4 years ago
8

Cheizza, a pizza vendor in the country of Wisbane, believes that the taste of fresh cheese in its pizzas is its unique selling p

oint. However, recently there has been a rise in the number of pizza vendors in Wisbane who have also started using fresh cheese to prepare their pizzas. This has led to a drastic increase in the demand for cheese. However, the amount of milk produced in the country is insufficient to meet the increased demand for cheese. In the context of changing environments, which of the following does this scenario best illustrate?
a.Resource scarcityb.Buyer dependencec.Discontinuous changed.Punctuated equilibrium
Business
1 answer:
leva [86]4 years ago
8 0

Answer:

<em>a. Resource scarcity</em>

Explanation:

Resource scarcity to the fundamental economic issue, <em>the difference between restricted,  the finite resources and potentially unlimited desires. </em>

Population growth pressures and demands, economic expansion,  and global warming put tremendous stress on limited, non-renewable resources such as fossil fuels and minerals.

You might be interested in
Kelley Co. has $2,000,000 of 8% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value c
postnew [5]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $500,000

Premium on bonds payable A/c Dr $28,125

           To Common stock A/c $450,000

           To Paid in capital in excess of par A/c $78,125

(Being the conversion of bonds is recorded)

The computation is shown below:

For Premium on bonds payable:

= $500,000 ÷ $2,000,000 × $112,500

= $28,125

For Common stock:

= $500,000 ÷ $1,000 × 30 × $30

= $450,000

And, the remaining balance is credited to paid in capital in excess of par

5 0
3 years ago
Michael can buy either pizzas or submarine sandwiches. If the prices of pizza and submarine sandwiches double and​ Michael's mon
ale4655 [162]

We can conclude that​ Michael's budget constraint will shift out but remain parallel to the old one.

<h3><u>Explanation:</u></h3>

The ability of a person in spending a unit of money in purchasing a product r devices refers to the purchasing ability of that person. Purchasing power determines the quantity if goods and services that can be purchased by the individuals of an economy. The main factor that determines the purchasing power of an individual is the inflation rate.

In the given example, the ability of Michel in purchasing  pizzas or submarine sandwiches is explained. When the pizza and submarine sandwiches  prices gets doubled, the income of Michel triples. From this we can conclude that Michael's budget constraint will shift out but remain parallel to the old one.

5 0
4 years ago
Which of the following assets purchased in the current year are eligible to be expensed under Section 179 assuming the cost does
Ede4ka [16]

Question 1 Completion with Options:

A. used equipment

B. storage warehouse

C. land for future building site

D. new office furniture

E. apartment complex

F. new delivery truck

Answer:

1. The assets purchased in the current year that are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations are:

A. used equipment

D. new office furniture

F. new delivery truck

2. $561,000 is the maximum to be expensed with an adjusted basis of 100% for MACRS

Explanation:

There is a maximum deduction of $1,050,000 under section 179. The section affords eligible taxpayers the opportunity to reduce their tax burden in the first year that they purchase eligible properties.

7 0
3 years ago
Skysong, Inc. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial informa
Katen [24]

Answer:

$34,100

Explanation:

The computation of the net income is shown below:

Net income = Total revenues - Total expenses

where,

Total revenues

= Service revenue + sales revenue

= $145,200 + $27,500

= $172,700

And, the total expenses is expenses incurred i.e $138,600

So, the net income is

= $172,700 - $138,600

= $34,100

As we know that the income statement records only revenues and expenses and the same is considered

6 0
4 years ago
You have recently opened your own internet website design business. You charge your clients $500 per project and are considering
faltersainse [42]

Answer:

hmm good question im not sure

Explanation:

7 0
3 years ago
Other questions:
  • Adam transfers cash of $300,000 and land worth $200,000 to Camel Corporation for 100% of the stock in Camel. In the first year o
    6·1 answer
  • Municipal general obligation bonds are ____. municipal revenue bonds are ____.
    10·1 answer
  • Which of the following is not a category of electrical burns?
    5·2 answers
  • Which one of the following statements is correct? Select one: a. If the total debt ratio is greater than .50, then the debt-equi
    13·1 answer
  • In the consumer purchase decision process for Coppertone products, the problem recognition stage is typically triggered either b
    11·1 answer
  • Human relations skills include those associated with leadership, coaching, morale building and supportiveness
    8·1 answer
  • PLEASE! I need help :): will mark brainliest! Describe Sinek's Golden Circle. What does he use this for? Sinek argues that "peop
    15·1 answer
  • Naranjo Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $345,000, and budgeted d
    7·1 answer
  • The user I want To report is justxk
    9·1 answer
  • ________ is the most common fraud, but __________ is the most expensive fraud. Fraudulent financial reporting, misappropriation
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!