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den301095 [7]
3 years ago
15

2. Distinguish between economic and non-economic wants.

Business
1 answer:
bulgar [2K]3 years ago
4 0

Answer:

Difference among the economic wants and the non- economic wants is shown below:

Explanation:

Wants is the term which is described as the desires for the things that the person or an individual may or may not actually require or needed.

a. Economic wants

1. Economic wants are those wants which generally known as the desires and are usually satisfied or fulfilled after taking or consuming he service, goods or in other cases leisure.

2. Economic wants is spending money in order to satisfy the want or the desire.

b. Non - economic wants

1. Non- economic wants are those wants which are generally the human needs, that is required or needed to be satisfied without involve the monetary cost or the value.

2. It might involve the water, air.

3. These are those wants that could be fulfilled without spending the money.

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Which abbreviation correctly replaces the underlined word? this year the family reunion will be in november in cleveland.
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The answer is:  [A]:  " Nov. "
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4 0
3 years ago
Which of the following is a disadvantage of outsourcing?
Sonbull [250]

Answer:

b. ​It reduces productivity and revenue growth.

Explanation:

The disadvantage of outsourcing is that it reduces productivity and revenue growth. Due to outsourcing, the company ceases to produce a product in its own facility and gives the entire production responsibility to third party. This is because the company might not have the capability to produce on its own or it might be costly for the company.

Since the company has to give production cost, over runs, labour cost etc along with margins to the third party, hence there is a decrease in revenue growth and productivity of the company.

4 0
4 years ago
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with two risky securities,
Nesterboy [21]

Answer:

c)$568; $378; $54

Explanation:

($1,120 - $1,000)/$1,000 = 12%

(0.6)14% + (0.4)10% = 12.4%

12% = w5% + 12.4%(1 - w)

w = .054

1-w = .946

w = 0.054($1,000)

= $54 (T-bills)

1 - w = 1 - 0.054 = 0.946

0.946($1,000) = $946

$946 x 0.6 = $568 in X

$946 x 0.4 = $378 in Y.

8 0
4 years ago
The last time an attorney addresses a jury is during the
enot [183]
The closing argument.

Hope this helps!
6 0
3 years ago
Read 2 more answers
Sandy's Sauces, which produces stir-fry sauces, is developing direct material standards. Each bottle of sauce requires 0.70 kilo
Masteriza [31]

Answer:

C) 0.84 kilograms

Explanation:

The standard material quantity = kilograms per bottle + allowance for waste + allowance for rejects = 0.70 kg + 0.05 kg + 0.09 kg = 0.84 kg

The standard material quantity is the budgeted (estimated) amount of direct materials needed to produce one unit of output. The total standard quantity = standard material quantity times total units produced.

6 0
4 years ago
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