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Sergeeva-Olga [200]
3 years ago
7

Economics can be defined as the study of?

Business
1 answer:
bazaltina [42]3 years ago
7 0
For whom resources are allocated to increase efficiency. economics can as well be described as the production, distribution and consumption of goods and services. scarce resources that have alternative uses 
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At the end of the resume
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3 years ago
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The stated purposed of NAFTA is to A. gain membership in the WTO. B. reduce the outsourcing of jobs to foreign countries. C. pha
jekas [21]

Answer:

C. phase out all trade and tariff barriers among​ Canada, Mexico, and the U.S

Explanation:

The North American Free Trade Agreement (NAFTA)

This agreement creates a bloc of trade for the region, Canada, Mexico and the US.

As state on "C" It result in the elimination or reduction of barriers to trade and investment between the countries.

It will be replaced in the following year by the United States–Mexico–Canada Agreement (USMCA)

But NAFTA will keep working until this new agreement is finished.

4 0
3 years ago
Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S
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Answer:

C. Strategic plan

Explanation:

Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.

3 0
3 years ago
Consider the all-units quantity discount schedule below. Quantity Ordered Price Per Unit EOQ at that Price 1-499 $300 952 500-99
UkoKoshka [18]

Answer: B. 1023, 1500, 2000}

Explanation:

The Optimal solution should contain the set of quantities that would require the lowest no. of orders to achieve a discount in a class.

1,023 is quite close to the lowest amount required of 1,000 in the 1,000 to 1,499 range.

So are 1,500 and 2,000.

Option D can also work but it has too many order quantities and will inflate the price.

The Optimal Solution therefore has to be from this option.

5 0
3 years ago
Suppose the firm currently uses the input (L; K) = (8; 10) and produces 10 units of output. In addition, the manager finds that
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Answer:

A. Layoff some workers and acquire more capitals.

Explanation:

See attached file

8 0
3 years ago
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