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3 years ago

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

1 answer:

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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Sales manager and buyer the organization acts in an ethically questionable manner

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3 years ago

What are the set of rules that people need to follow while communicating at the workplace called?

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Code of conduct. This is a set of rules that everyone is expected to know and follow to the fullest extent.

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3 years ago

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A decision strategy is a sequence of decisions and chance outcomes, where the decisions chosen depend on the yet to be determine

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2 years ago

Murphy's, Inc. has 10,000 shares of stock outstanding with a par value of $1.00 per share. The market value is $8 per share. The

EleoNora [17]

Answer:

option B is correct

market price per share be after the dividend is $7.27

Explanation:

Given data

share = 10000

stock value = $1.00 per share

market value = $8 per share

capital in excess = $32,500

common stock account = $10,000

retained earnings account = $42,700

stock dividend = 10%

to find out

market price

solution

we will find here market price / share that is given here formula

Market price is = ( share × market value) ÷ ( share × 1.10)

put here all these value we get

Market price = ( 10000 × 8 ) ÷ (10000 × 1.10)

market price = 80000 ÷ 11,000

so market price = 7.27

hence option B is correct

market price per share be after the dividend is $7.27

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3 years ago

Margin of Safety Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $4

valina [46]

Answer:

Margin of safety - Units =3350

Margin of safety - Sales Revenue = $251250

Explanation:

Margin of Safety indicates how much sales may decrease before a loss can be made.

Margin of safety - Units

Margin of safety - Units = 5000-1650 =3350

Margin of Safety as a % = 3350/5000 ×100 = 67%

Margin of safety - Sales Revenue

Expected Sales = (5000 × $75) =$375000

Margin of Safety = $375000 × 67% = $251250

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3 years ago

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

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