Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature. Hence, to utilize the resources in the optimum possible way and meet the demands of humans, the economy allocates scarce resources.
<h3>How Microeconomics allocates scarce resources?</h3>
Microeconomics analyses how scarce resources are allotted efficaciously to the production of products and services. It facilitates in resolving the critical financial issues of the economic system at an individual level.
Thus, in this manner, Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature.
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Answer:
Oral/aural transmission. To begin with, pieces of music could only be passed orally from one person to the next. ...
Manuscripts. ...
Printing and publishing. ...
Recording.
The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.
<h3>What is potential profit?</h3>
The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.
The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.
Potential Profit= 91350-1335+24.450 = $39.45
Hence, the potential profit is as computed above.
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Answer:
The correct answer is letter "D": ethics.
Explanation:
Corporate ethical behavior refers to the good practices and values a company has that lead them to act according to what is conceived as correct. Most companies summarize their ethical guidelines in a <em>Code of Ethics</em> that represents the handbook of the behavior the company pursues to perform and expects from employees.
Thus, <em>the company commercializing new drugs without the approval of the Food and Drug Administration (FDA) has taken a mistaken ethical decision since the firm is prioritizing the recovery of the funds invested in Research and Development (R&D) instead of securing patients' health.</em>
If you are 20 minutes early to interview it shows that you can be early for things but sometimes too early to be able to do anything