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Rom4ik [11]
3 years ago
7

Does the richest person in the world face the problem of​ scarcity?

Business
1 answer:
Morgarella [4.7K]3 years ago
4 0

Answer:Yes, because even if you have money you will never be able to satisfy all of your wants and must therefore make choices.

Explanation:

Economists say our "want " exceeds our "have" nomatter what the state of economy we find ourselves in but what we want always exceed what we have.

We may accumulate the greatest riches of this world but still we may even desire and want to buy another planet hypothetically speaking.

We are always craving for more than what we have no matter how large or huge what we have is but still our hearts yearns for more than that.

The more wealth we accumulate the more our desires increase because we keep wanting the next thing that is better than what we already have.

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Old Town Industries has three divisions. Division X has been in existence the longest and has the most stable sales. Division Y
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Answer:

D.

Explanation:

Based on the scenario being described within the question it can be said that when allocating funds, the firm should probably assign the highest cost of capital to division Z because it is most likely the riskiest of the three divisions. This is because Division Z focuses on research and development which means that they might not actually discover or create something that can bring value to the company and is therefore highly risky.

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3 years ago
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Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the
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Answer: 29.4 gallons

Explanation:

The Safety Stock that should be held by the company to have a Service Level of 99.0% will be:

= Z × σ × ✓LT

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= 2.326 × 8 × ✓2.50

= 2.326 × 8 × 1.58

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The safety stock is 29.4 gallons.

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3 years ago
What does s1 stand for in the formula to calculate moving averages?
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In medical terms it would be the first sacral vertebra through the fifth sacral vertebra

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Ross company paid current month's rent, $1300. which accounts are affected​
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The accounts affected are Ross company and rent account
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3 years ago
in a community, there are 10% More boys than girls, 15% more women than men and 20% more children than adult. if the population
Alchen [17]

Answer:

in a community, there are 10% More boys than girls, 15% more women than men and 20% more children than adult. if the population of the villagers is not more than 6000, find the actual number of boys, girls, women and men​

Total population= <6000

10/100x6000= 600

girls = 600

boys= 660

15/100x6000= 900

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men= 900

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children= 1240

adult= 1200

Explanation:

5 0
3 years ago
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