Answer:
Consumers cannot find enough of a popular new toy in stores.
Explanation:
If there is a shortage, there is not enough supply for the demand.
Answer:
d. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost.
Explanation:
Opportunity cost is defined as the forgone cost of doing a particular activity. If you were not undertaking this activity what would you have gained by doing something else?
In this case as long as the benefit from cleaning up the pollution is greater than the opportunity cost (pollution) it should be undertaken.
Answer:
c.$941.10
Explanation:
Calculation for How much would she have after 8 years
Using this formula
FV = PV(1+i)^n
FV represent future value
PV represent present value
i represent interest rate
n represent number of periods
Let plug in the formula
FV = 490(1 + .085)^8
FV= $941.10
Therefore How much would she have after 8 years will be $941.10
Answer:
c) merchant wholesaler
Explanation:
A merchant wholesaler is a business unit that buys merchandise in bulk from manufacturers and resells to retailers in smaller quantities. The wholesale business has profit motives. It forms a link between manufacturers and retailers.
Unlike agents and brokers, merchant wholesalers take ownership of the goods they buy. Carolyne should avoid becoming a merchant wholesaler. As a wholesaler, she will own all the merchandise she purchases. She can choose to be either an agent or broker as these do not take title to the merchandise.
