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sertanlavr [38]
3 years ago
12

How do scarce resources influence you personally?

Business
1 answer:
posledela3 years ago
5 0
On many levels on a personal level lack of food makes me sad.
hope this helps
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There are two goods, apples and oranges, in a country. If the relative price of apples (in terms of oranges) is 4 and the opport
tino4ka555 [31]

Answer:

The workers will only produce oranges.

Explanation:

'Opportunity cost' is an important concept which shows the relationship between choice and scarcity. For example: One can spend money and time on one thing at a time but loses the opportunity do perform the other things, which would be his opportunity cost. Like you take a vacation for the money you have but the opportunity cost is not having a new car.

Relative price is the price of one commodity in terms of another. In the given situation, opportunity cost of an apple is 3 oranges and relative price of apple is 3, so the workers will produce only oranges, as it will be more profitable.

7 0
3 years ago
Economic understanding and economic conditions do not affect a personal financial plan.
4vir4ik [10]
False ~~~~~~~~~~~~~~~~
7 0
3 years ago
Owens Finest Mattress Co., Inc. decided to employ an anti-mission statement. Which of the following phrases did they use?
gulaghasi [49]

THE ANSWER IS NOT B.......but i think its A....i think now so if you get it wrong im sorry.

3 0
3 years ago
Read 2 more answers
Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var
nlexa [21]

Answer:

(A)  The cash surplus can be used for a variety of purposes. In the​ short-term, they may replace their​ car, buy better​ furniture, or more quickly pay off their home. TRUE

(B)Alternatively, they may purchase stocks and​ bonds, or increase their savings for future needs. TRUE

(C) Investments in the stock market are generally designed to increase an​ individual's future​ wealth, the purchase of bonds typically allows one to at least retain their purchasing​ power, while investment in savings accounts provide liquidity. FALSE

Explanation:

(A) The currency can be used to anything he owner wants.

(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved  to invest

(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.

As this part is not true, then the whole sentence must be catalogate as false.

5 0
3 years ago
A sales training workshop devoted to communicating the importance of obtaining marketing information from customers would be aim
stich3 [128]

Answer:

the considerate.

Explanation:

The considerate -

According to english language , the meaning of considerate is being very polite , calm and caring.

Hence, from the scenario of the question,  

The salespeople need to adapt considerate , i.e. tries to be calm and compose , in order to sell their product , which act as their strategy of selling the product.

Hence,

The correct term is the considerate.

4 0
3 years ago
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