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Juli2301 [7.4K]
2 years ago
7

Scarcity exists because: individuals cannot solve the three central coordination problems. governments cannot solve the three ce

ntral coordination problems. the supply of goods is always less than the demand. new wants continue to develop and willingness to meet them is limited.
Business
2 answers:
AlexFokin [52]2 years ago
5 0

Answer:

<em>Scarcity exists because new wants continue to develop and willingness to meet them is limited.</em>

Explanation:

Scarcity exists because of the mismatch between wants and resources. The wants of the human beings are unlimited and also continue to develop more day by day. Resources to satisfy the unlimited wants on the other hand, are limited or scarce. That's why the <em>willingness to meet new wants and already existing is limited. </em>

Archy [21]2 years ago
3 0

Answer:

New wants continue to develop and willingness to meet them is limited.

Explanation:

Scarcity arises because of -'Unlimited Wants', but 'Limited Resources' having 'Alternative Uses'.

Wants are different from needs: needs are basic but wants are not basic - eg food is need but pizza is want. So, the basic essence of wants is that they are ever increasing. Contrasting to these never ending wants, resources are unlimited & have alternative uses. Eg- Land may be used to create industries or houses, it is limited in contrast to its unlimited want.

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The Drogon Co. just issued a dividend of $3.00 per share on its common stock. The company is expected to maintain a constant 6.2
Mars2501 [29]

Answer:

The company’s cost of equity is 11.51%.

Explanation:

Please find the below for detailed explanations and calculations:

The company's cost of equity need to be found is the discounted rate that will bring net present value of its projected future dividend to its current stock price.

Denote cost of equity need to be found is x.

We apply the formula to calculated the present value of growing perpetuity to find x as shown below:

[ 3 x ( 1+0.062) ] / ( x - 0.062) = 60 <=> 3.186 / ( x - 0.062) = 60 <=> x = 11.51%.

Thus, the company's cost of equity is 11.51%.

5 0
3 years ago
Helen Ashley is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. I
romanna [79]

Answer:

Present value of Helen's inheritance is $361,997.25

Explanation:

We know,

Present value of cash flows = ∑\frac{Cash flow for n periods}{(1 + i)^{n} }

Given,

Cash flows for 1st, 2nd, 3rd, and 4th year = $50,000, $75,000, $125,000, and $250,000.

Interest rate, i = 11% = 0.11

Number of period, n = 4

Therefore,

Present value of cash flows = [$50,000 ÷ (1 + 0.11)^{1}] + [$75,000 ÷ (1 + 0.11)^{2}] + [$125,000 ÷ (1 + 0.11)^{3}] + [$250,000 ÷ (1 + 0.11)^{4}]

Present value of cash flows = ($50,000 ÷ 1.11) + ($75,000 ÷ 1.2321) + ($125,000 ÷ 1.3676) + ($250,000 ÷ 1.5181)

Present value of cash flows = $45,045.05 + $60,871.68 + $91,400.99 + $164,679.53

Present value of cash flows = $361,997.25

Therefore, Present value of Helen's inheritance is $361,997.25

5 0
3 years ago
The government decides to place a tariff on platinum imports because it determines that mining practices abroad are not as stric
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7 0
3 years ago
In United States v. Butler, the Supreme Court overturned the Agricultural Adjustment Administration (AAA) because
joja [24]

Answer:

The correct answer is the tax on food processors was unconstitutional.

Explanation:

On January 6, 1936, the Supreme Court decided in the United States v. Butler, that the act was unconstitutional for the collection of this tax on processors only so that it will be returned to the farmers. The regulation of agriculture was considered a state power. As such, the federal government could not force states to adopt the Agricultural Adjustment Act due to lack of jurisdiction. However, the Agrarian Law of 1938 remedied these technical problems and the agricultural program continued.

3 0
3 years ago
Which of these statements best represents the law of supply? select one:
Nata [24]

The answer is: A.When the price of a good decreases, sellers produce less of the good

When the price of a good decrease, the amount of profit that the sellers could made is also decreasing. Because of this, sellers would feel less motivation to sell that product and start to reduce the supply of the product and replace it with newer ones.

7 0
2 years ago
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