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Reil [10]
4 years ago
12

Which one of the following statements about the scarcity problem is correct? A. The scarcity problem persists because economic w

ants exceed available productive resources. B. The scarcity problem has been solved in all industrialized nations. C. The scarcity problem persists only because countries have failed to achieve continuous full employment. D. The scarcity problem has been eliminated in affluent societies such as the United States and Canada.
Business
1 answer:
dybincka [34]4 years ago
8 0
The answer would be <span>A) The scarcity problem</span><span> persists because economic wants exceed available productive resources.</span>
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James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering
Dafna1 [17]

Answer: The correct answer is "an opportunity niche".

Explanation: James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering repair services for cell phones. His shop is an instant success. James has satisfied an area of need called <u>an opportunity niche.</u>

The concept of a niche of opportunity refers to the existence of a group of people or companies that have certain needs, and who have the will to meet them and economic capacity to acquire the services or goods necessary for this,<u> in this case James les He offered the good or service to meet this need.</u>

3 0
4 years ago
Casassa, a merchant in San Francisco, under the terms of a nonshipment contract, agrees to sell 50 cases of packaged macaroni to
Ugo [173]

Answer:

Fresno

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America. There are special rules known as the special business standards that are set up by UCC governing merchants and the sales of goods in Article 2 of the Uniform Commercial Code.

Under Article 2 of the Uniform Commercial Code, a shipment contract between two parties (buyer and seller) states that a buyer bears the risk of loss and is typically responsible for the costs of goods in the event of any damage or loss incurred during transportation and prior to receiving the goods.

In this scenario, the transaction is a nonshipment contract and the place for delivery is not specified in the agreement.

However, on the basis of the facts that both parties are aware that the 50 cases of packaged macaroni are in a warehouse in Fresno, the place for delivery is Fresno.

8 0
3 years ago
What does setting a personnel policy before hiring employees allow you to do?
jonny [76]

Answer:

D

As it helps in appraising the employees weekly, monthly, or yearly work behavior.

4 0
3 years ago
Advertising begins with the ________, the person or organization that uses advertising to send out a message about its products.
irina1246 [14]

Answer:

<u>Advertiser</u>

Explanation:

Advertising refers to promoting a product or a service with an objective to enhance it's sales and identify the prospective buyers of a product.

Advertisement medium may include , print media advertisements such as journals, newspapers, catalogs, posters, magazines, etc.

Advertising may also utilize visual space and audio means such as advertisements on radios, televisions, internet, etc.

The process begins with the advertiser who is usually the seller, refers to a person or an organization desirous of selling it's products.  The seller decides the method of advertisement as per the kind of products he/she deals in and the cost he/she is willing to bear, since advertisements can be very costly.

The advertiser can be simply defined as the payer for the advertisement.

3 0
3 years ago
Tiger, Inc., a calendar year S corporation, is owned equally by four shareholders: Ann, Becky, Chris, and David. Tiger owns inve
matrenka [14]

Answer and Explanation:

The computation of the federal income tax ramifications are shown below:

At the corporate level, the capital gain is

= Worth of the land - the purchased value of the land four years ago

= $240,000 - $160,000

= $80,000

Since there is four shareholders, so the amount each shareholder held is

= $80,000 ÷ 4

= $20,000

And, the David stock basis drop is

= David basis in S corporation stock - land worth + amount of each shareholder

= $270,000 - $240,000 + $20,000

= $50,000

5 0
3 years ago
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