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s344n2d4d5 [400]
3 years ago
15

What is the difference between a shortage and a scarcity?

Business
1 answer:
Nata [24]3 years ago
6 0
Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
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The journal entry to transfer completed products from production to finished goods inventory includes which two of the following
Talja [164]

Answer:

Debit finished goods inventory

Credit Work in Process Inventory

Explanation:

The journal entry that is required to transfer the completed products from the production stage to finished goods inventory which is the amount of goods in the inventory that have been produced and as well is available and ready for customer to buy will includes to Debit finished goods inventory and to Credit Work in Process. Inventory

Debit finished goods inventory

Credit Work in Process Inventory

(Being to record finished goods inventory)

7 0
3 years ago
Suppose the market for this product is served by two firms who have formed a cartel and are colluding to set the price and quant
kondaur [170]

Answer:

the answer is B

Explanation:

because there are less things in the number and if this dos not help you I am sorry I am not good at math

3 0
3 years ago
The financial statements include an introduction known as the management discussion and analysis. This preface must contain info
Elis [28]

Answer: Analysis of company's performance by the management.

Explanation: In the management discussion and analysis, the upper management of the company analyze and comment on the qualitative and quantitative characteristic of a company. This is seen as a secondary information in the company's yearly financial statement.

The MD and A, is considered valuable by investors as sometimes the management also comments about the upcoming projects of the company in such statements.

3 0
3 years ago
Purchases that have substantial social or economic consequences: question 13 options: represent routine purchases that pose litt
lana66690 [7]
<span>Purchases that have substantial sociale or economic consequences represent high-involvement purchase decisions because they require a deep scrutiny phase where positive consequences are compared with negative ones to understand if benefits outweigh losses and are desirable for society.</span>
7 0
3 years ago
The first step in the rational decision-making model is to:
DerKrebs [107]
I would say define the situation. 

8 0
3 years ago
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