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
lubasha [3.4K]
3 years ago
8

Jimmi wants a new cellular phone that many other people also want to buy. There are not enough phones produced to fill the deman

d. This is known as
A) rarity.
B) scarcity.
C) production cost.
D) opportunity cost
Business
1 answer:
Verdich [7]3 years ago
8 0
B) Scarcity - the state of being scarce or in short supply; shortage.
You might be interested in
Naylor Company had $154,200 of net income in 2016 when the selling price per unit was $155, the variable costs per unit were $95
mihalych1998 [28]

Answer:

Units sold in 2016 = 12118.33

Explanation:

Given that

Net income = 154200

Fixed inputs = 572900

Selling price per unit = 155

Variable cost per unit = 95

Recall that

Net income = total revenue - total expenses

And that

Net income = (selling price - variable cost) × number of goods sold - fixed cost

Thus

154200 = (155 - 95)x - 572900

572900 + 154200 = 60x

727100 = 60x

x = 727100/60

x = 12,118.33 units

4 0
3 years ago
Read 2 more answers
. Pharmacist is an important profession. give reasion​
kow [346]

Explanation:

  • pharmacist is a important profession because they play a vital role in improving patient health through the medicine and information they provide
6 0
1 year ago
Read 2 more answers
Distinguish between formal and informal methods of researching data for a business message.
Thepotemich [5.8K]

Answer:

The differentiation between some of the instances is characterized below.

Explanation:

  • The formal method addresses the development relating to particular components that could be quantified as well as reviewed besides consistency or accuracy, while the informal one describes stats information on either the psychologist's gut instinct.
  • Formal research has already been used much less throughout the past, while informal research has been widely used throughout the old days.

4 0
3 years ago
Which of the following is measured by utility? A. The satisfaction a person gets from consumption. B. The cost of adding a singl
Svet_ta [14]

Answer:the satisfaction a person gets from consumption

Explanation:

3 0
3 years ago
On February 1, the Acts Tax Service received a $3,600 cash retainer for tax preparation services to be provided rateably over th
MatroZZZ [7]

Answer:

$2,700

Explanation:

The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:

= Total cash received - expired service revenue

= $3,600 - $900

= $2,700

The expired service revenue is

= Received amount ÷ number of months

= $3,600 ÷ 4 months

= $900

It is come by deducting the expired service revenue from the total cash received so that the balance could come

7 0
3 years ago
Other questions:
  • “accounting is ingrained in our society and it is vital to our economic system.” do you agree? explain.
    10·1 answer
  • During the year, ABC had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowin
    13·1 answer
  • Tori Inc. has some material that originally cost $72,000. The material has a scrap value of $31,900 as is, but if reworked at a
    15·1 answer
  • Which of the following is a correct statement regarding the nature and timing of communications between an accounting firm perfo
    14·1 answer
  • The controlling account for the cost ledger is Group of answer choices Cost of Goods Sold Materials Finished Goods Work in Proce
    9·1 answer
  • If the equilibrium price of solar panels is $200 per panel, but a price ceiling of $150 per panel is imposed, what happens to th
    7·1 answer
  • The production possibilities model illustrates an inverse relationship between two goods or services because Group of answer cho
    15·1 answer
  • Sunland Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $2
    10·1 answer
  • Happy new year 2021 guys​
    15·2 answers
  • Within a an organizational structure, the person most likely to be evaluated in terms of controllable costs would be:___________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!