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zzz [600]
3 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]3 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.

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If actual inflation exceeds anticipated inflation, who will lose purchasing power and who will gain
Marina CMI [18]
Inflation that exceeds anticipated inflation would have distinctive impacts that depends upon your identity or who you are. A worker would most likely feel the repercussions as lower compensation, loss of rewards, and the failure to work extra time, consequently prompting less obtaining power.

If inflation is higher than expected, the losers are the individuals who consent  and agree to offer or sell at a value that anticipated lower inflation and the individuals who consented to pay the cost or price are considered as the winners. 
6 0
3 years ago
Chris's Maid Service began the year with total assets of $120,000 and stockholders' equity of $40,000. During the year the compa
Brilliant_brown [7]

Answer:

How much are total liabilities at the end of the year?$80,000

Explanation:

                 Beg Balance      deb cre  End.Balance

Total assets              120000 105000         225000

Liabilities               80000                    80000

   

Equity                        40000                    40000

Earning                                       120000 120000

Dividens paid                          15000            -15000

Total equity             40000 15000 120000 145000

                                   0         120000 -120000 0

3 0
3 years ago
In your own words, interpret what 33% of all goods and property are owned by 1% of the
Radda [10]

Answer:

Explanation:

It means that there must be a huge number of people that have little or nothing.

The most recent estimate of America's population is 331,000,000 roughly

1% of the population is 331,000,000 * 1/100 = 3,310,000

So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.

1 trillion has 12 zeros behind it

so 14 trillion has 12 zeros behind it.

3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.

That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.

3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.

6 0
3 years ago
Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, h
Mila [183]

Answer:

the bonds' current market value = PV of face value + PV of coupon payments

a. The bond has a 6 percent coupon rate.

PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07

PV of coupon payments = 30 x 13.799 (PV annuity factor, 5%, 24 periods) = $413.97

bond's market value = $724.04

b. The bond has a 8 percent coupon rate.

PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07

PV of coupon payments = 40 x 13.799 (PV annuity factor, 5%, 24 periods) = $551.96

bond's market value = $862.03

3 0
3 years ago
RTP Corp. is developing a new computer processor to compete against Intel's successful product
Alenkinab [10]

Answer: Target Costing

Explanation:

Target Costing is a method of costing on a product done while it's still being produced to determine the best price at which the product can be sold that would be able to compete with price of other similar products in the market and still make profit for the company.

RTP Corp needs to apply target costing for it's new computer processor in order for it to be profitable and beat the price of other processors in the market.

6 0
3 years ago
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