1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
2 years ago
10

Scarcity A. is the same thing in economic terminology as a shortage. B. results from unlimited resources coupled with limited wa

nts. C. can be eliminated with improvements in technology. D. results from unlimited wants coupled with limited resources.
Business
1 answer:
liq [111]2 years ago
5 0

Answer: Option D

 

Explanation: In simple words, scarcity refers to the problem of unlimited wants of people that could be satisfied with the resources that are limited in nature.

Due to this scenario the people have to decide how they want to allocate the resources of their share.

Hence from the above we can conclude that the correct option is D.

You might be interested in
When the bond sells at par, the implicit €/$ exchange rate at maturity of a Euro/U.S. dollar dual currency bond that pays $651.2
Anna007 [38]

Answer:

€1.54/$1.00

Explanation:

When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000

651.25/1000= 1/x

Cross multiply

651.25x = 1000

x= 1000/651.25

x= 1.54

Hence the implicit exchange rate is €1.54/$1.00

4 0
2 years ago
Two ways for a company to guarantee quality of a product are quality control and quality ___________.
natima [27]
Quality assurance is the other way
5 0
2 years ago
Temporary Housing Services Incorporated (THSI) is considering a project that involves setting up a temporary housing facility in
expeople1 [14]

Answer:

Option D. $6.25 Million

Explanation:

The Free Cash Flow can be calculated using the following formula (Ignoring investment):

Free Cash Flow = (Revenue - Operating Expenses)   Minus  Tax

Here

Revenue is $20 Million

Operating Expenses are $12 Million

And

Tax is not given however tax rate is given which is 35% here. For tax purposes, we will assume that the depreciation is tax allowable expense, so

Tax = (Revenue - Operating Expenses - Depreciation) * Tax rate

By putting values we have:

Tax = ($20m - $12m - $3m) = $1.75 Million

The cash impact is taken while calculating the Free cash flow. This free cash flow method is also used in IRR, NPV, discounted payback method, etc.

By putting values in the above bold equation, we have:

Free Cash Flow = ($20m - $12m) - $1.75 = $6.25 Million

8 0
2 years ago
Suppose that the inverse demand equation is p​ = 100 minus 2Q and the supply equation is p​ = 2Q. If the price is controlled at
Irina18 [472]

Answer: P =$50

Q= 25

Explanation: P= 100-2Q

P= 2Q

To get the quantity supplied Q, we have to educate both equations

100-2Q=2Q, 100=2Q+2Q

100=4Q, Q=100/4 , Q=25

To get the equilibrium price we have to substitute the value of Q which is 25 into any of the equation.

Using equation 1

P=100-2Q, P=100-2(25)

P=100-50, P=$50.

If the price is controlled at $60, then the production pays the producer this is because a commodity is not expected to be sold at the equilibrium price, price flooring is a way that government or a group control the market price of a commodity or produce by imposing a particular price on it. This is to ensure that the producers are not at loss with their production, a price floor is always higher than the equilibrium price to be effective as seen in the example given above, price floor is $60 while equilibrium price is $50.

An example of a price floor for services can be seen in the minimum wage stated by the government this is to ensure that people's services are not misused anyhow.

Price flooring most times can lead to surplus quantity produced if consumers are not willing to pay the price, because the producer will be wiling to produce more in order to make more profit.

4 0
2 years ago
HURRY!! Sarah is working at a daycare center. She just thought of a way to streamline the way parents drop off and pick up their
tino4ka555 [31]

Answer:

Explanation:

Trust

6 0
2 years ago
Other questions:
  • Several years ago, Cyclop Company issued bonds with a face value of $1,000,000 for $1,045,000. As a result of declining interest
    13·1 answer
  • When dealing with babies Bottle-propping should be avoided because
    6·2 answers
  • The imaginary plane in which all objects project to corresponding points in the left and right retina is _____.
    5·1 answer
  • Angela believes that Beamer Corporation’s stock will drop in value. She borrows 150 shares from a brokerage firm when the stock
    10·1 answer
  • A broad declaration of the organization's overriding purpose, which is intended to identify the organization's products and cust
    13·1 answer
  • Environmental scanning would be MOST important for which of the following organizations? a. A manufacturer of household linens b
    6·1 answer
  • Amy, the manager of a branch location of a large travel firm, treated company resources as if they were her own and encouraged c
    11·1 answer
  • Jake Shirt Co. used 5,300 square yards of polyester to produce 3,000 shirts. The standard quantity of material for the 3,000 shi
    12·1 answer
  • The basic economic problem is that consumers have too many products and services to choose from.
    5·1 answer
  • When the owner took goods from the business for personal use we record it in
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!