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allochka39001 [22]
3 years ago
14

The fact that we cannot have everything we want is caused by?

Business
2 answers:
Ad libitum [116K]3 years ago
7 0

<span>Not enough to go around. By definition, scarcity means limited resources. In our society it’s nearly impossible to obtain every want due to limits on time, money, and other resources. So we must make choices as to which “wants” are the priority.</span>

Akimi4 [234]3 years ago
6 0
The reason everybody doesn't have what they want is that, i<span>f everybody could </span>have everything<span> they </span>want<span>, whenever they </span>want<span> it, then </span>we<span> wouldn't need economics. Or maybe politics or warfare, either. </span>We<span> could all just sit around playing on top of our endless mountain of toys. But the real world doesn't work quite like that. </span>We can't have<span> it all. </span>We have<span> to make choices. Hope I helped!</span>
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Simon Company’s year-end balance sheets follow.
klemol [59]

Answer:

The answer is given below;

Explanation:

Days sales in inventory-2017= Average Inventory/Cost of goods sold*365

                                =(115,000+85,000)/2/(458,674)/365

                                =(100,000/458,674)*365

                                =80 days

Days sales inventory 2016= (85,000+56,000)/2/(385,686)*365

                                            =(70,500/385,686)*365

                                             =67 days

3 0
3 years ago
Name any TWO markets within the four-sector circular flow model​
user100 [1]

Answer:

The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.

4 0
3 years ago
Read 2 more answers
wist Corp. has a current accounts receivable balance of $330,800. Credit sales for the year just ended were $3,804,200. a. What
Alex17521 [72]

Answer:

Receivables turnover = 11.50 times

Days' sales in receivables = 31.74 days

Average collection period = 31.74 days

Explanation:

<u>Receivables Turnover Ratio</u>

Receivables turnover = Credit Sales / Receivables

                                    = $3,804,200 / $330,800

                                     = 11.50 times

Receivables turnover ratio measures how many times a company's receivables are converted to cash in a period. A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and that the company has a high proportion of quality customers that pay their debts quickly.

<u>Days' sales in Receivables/ Average Collection Period</u>

Days' sales in receivables = 365 days / Receivables turnover

                                            = 365 / 11.50

                                            = 31.74 days

On average, credit customers took 31.74 days to pay off their accounts.

The days' sales in receivable ratio which is also known as the average collection period tells you the number of days it took on average to collect the company's accounts receivable during the past year.

6 0
3 years ago
Jasmine Carmichael has been called for jury duty. When Jasmine reports for jury duty, she is sent to a court room with others fo
belka [17]

Answer:

a. ​Jasmine can be removed for cause.

Explanation:

Voir Dire is the questioning phase of jury selection in which the attorneys of both sides ask questions to see if the jury members are qualified.

When someone is removed for cause it means that the attorney thinks that the jury member can't be impartial based on bias or conflict.

In this case Jasmine can't be impartial because of her past relationship with the prosecutor.

5 0
3 years ago
You are holding a stock that has a beta of 1.39 and is currently in equilibrium. The required return on the stock is 20.47%, and
r-ruslan [8.4K]

Answer: 26.73%

Explanation:

You can calculate the expected return using the Capital Asset Pricing Model (CAPM).

Formula is:

Expected return = Risk free rate + beta * (Market return - risk free rate)

Use the previous figures to solve for the risk free rate:

20.47% = Rf + 1.39 * (16.50% - Rf)

20.47% = Rf + 22.935% - 1.39R

20.47% - 22.935% = Rf - 1.39Rf

-2.465% = -0.39Rf

Rf = -2.465% / -0.39

= 6.32%

New expected return is:

= 6.32% + 1.39 * (21% - 6.32%)

= 26.73%

7 0
3 years ago
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