<h2>
Both situations are examples of an economic problem.</h2>
Explanation:
Let us understand the term "economic problem"
Though the expectation of the people are endless, the "resources available" to satisfy the need is limited. This causes the "economic problem".
A student trying to decide how to spend his weekly allowance:
The need of student may be endless but still he is in a position to decide only based on the amount which he has to spend. He needs to prioritize the needs and then spend accordingly.
A country choosing to sacrifice some privacy to gain more security:
Under a compelled situation, the country has to sacrifice the privacy and then have to gain security. The loss due to negotiation of privacy is for sure and this leads to economic problem.
Answer:
True
Explanation:
In Indirect exporting the company sells its product to an intermediary who sales either directly to customer or to the wholesaler. Company require no capital investment therefore there no involvement of equity investment. Low risk because all the gains or losses are transferred to intermediary by selling the product. Low rate of return due to intermediary return portion decrease the contribution from the sale of product. There is little control over the market because of the company's absence in foreign market.
Answer:
This is all the information I could find.
The correct answer is flex time.
Wayne is working under a system of flex time. Flex time is a system of working a set number of hours with the starting and finishing times chosen within agreed limits by the employee.
Answer:
e
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
If 11 inventories were sold, the inventory left would consist of 13 units purchased on the 2nd and 5 units the company had on the 1st
Inventory value = (13x 26) + (5 x 24) = 458
