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Novosadov [1.4K]
4 years ago
11

. Will we ever live in a world without scarcity? Explain.

Business
1 answer:
SSSSS [86.1K]4 years ago
4 0

Answer:

No

Explanation:

Scarcity is a way to make money, if there is more people will tend to not worry as much as to getting it. If there is less more people will want it because there is less. Take for example the McDonald's Travis Scott shirt many want it because there is not one for everyone.

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Suppose a consumer buys a Perfect Pizza frozen cheese pizza at the grocery store for $10. Perfect Pizza purchased the dough and
miskamm [114]

Answer:

The GDP of consumption price is increasing by $10

Explanation:

Consumption price GDP is that by $10 And the price of tomato sauce and cheese is indirect cost and that cost is the demand and we can't apply that directly. These costs may indirectly be used for calculated GDP.  

So, in the question given, consumers bought the Pizza from the $10 grocery store and tomato sauce and cheese is the intermediate cost so they can't add it directly.

Therefore, The GDP of consumption price is increasing by $10

8 0
3 years ago
2. (12 points) The following is the income statement for Mattel Inc. ($ thousands) MATTEL INC. AND SUBSIDIARIES Consolidated Sta
marysya [2.9K]

Answer:

A.$23,109.09

B.$114,829.09

C. 22.1%

Explanation:

a.

Interest expense 95,118

Interest (income) (9,144)

Other non-operating (income), net 23,517

($95,118 - $9,144 – $23,517)

= $62,457 ×37%

=$23,109.09

b.

Provision for income taxes $91,720 +$23,109.09 =$114,829.09

c.

$114,829.09/519,233

= 0.22 ×100

= 22.1%

6 0
4 years ago
Helpppp mee culinary
katrin [286]
What’s the question to the problem
7 0
4 years ago
Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer
Likurg_2 [28]

Answer:

a) Ownership rights cannot be easily transferred. - True

b) Ownership rights cannot be easily transferred.  - False

c) Owners have unlimited liability for corporate debts.  - False

d) Capital is more easily accumulated than with most other forms of organization.  - True

e) Corporate income that is distributed to shareholders is usually taxed twice.  - True

f) It is a separate legal entity. It has a limited life.  - False

g) Owners are not agents of the corporation. - True

Explanation:

A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.

The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.

The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.

5 0
3 years ago
Wild Trails Inc., an adventure resort in Texas, has 500 shares of outstanding common stock and has not issued any preferred stoc
erma4kov [3.2K]

Answer:

$55

Explanation:

The earnings per share indicate the profit per outstanding stocks and it is calculated by dividing the net income by the number of shares of outstanding stocks. According to this,

Earnings per share= $27,500/500

Earnings per share= $55

Wild Trails Inc.'s earnings per share (EPS) is $55.

7 0
4 years ago
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