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frosja888 [35]
4 years ago
9

What are supply, demand, and scarcity?

Business
1 answer:
alexandr1967 [171]4 years ago
8 0
Supply and Demand is the amount of good or services that buyers are willing and able to take they work together 
Scarcity is the lack of sufficient resources 
hope this helped Please give brainliest 
Thank you

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What is the most likely result of inflation?
pashok25 [27]

Answer and explanation:

Inflation is the increase in prices of goods or services over time. Under this scenario, consumers' purchasing power decreases. Typically, under inflationary stations, the government tends to intervene as a regulator of the market increasing interest rates to offset the economic phenomena.

The most likely result of inflation is the <em>increase in prices of the overall market but it also causes investments to fall and unemployment to rise</em>.

5 0
4 years ago
Growing pains can arise from implementing a matrix organization due to
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Growing pains can arise from implementing a matrix organization due to a long lead time of the implementation. Growing pains, in business, is being defined as a symptom in a business in which is a symptom that appears in a way of making the organization to undergo transition.

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4 years ago
Read 2 more answers
The Kentucky government approves tax incentives to encourage more industry to move to the state. Which of the following statemen
AVprozaik [17]

Answer:

a

Explanation:

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

5 0
3 years ago
What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost_____
Nastasia [14]

Answer:

$52,285

Explanation:

The computation of the total manufacturing cost assigned to Job P is shown below:-

Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied

= $13,000 + $21,000 + (2,300 × $7.95)

= $13,000 + $21,000 + $18,285

= $52,285

Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.

6 0
3 years ago
Consider a school district with I neighborhoods, J schools, and G grades at each school. Each school j has a capacity of Cig for
ale4655 [162]

Answer:

The linear program will be :

Σ j∈J Xijg = Sig        ∀ i∈I g∈G

               Σ i∈I Xijg = Cjg        ∀ i∈j g∈G

                  X ≥ 0

Explanation:

To formulate a linear programming problem whose objective is to assign all students to schools, while minimizing the total distance traveled by all students,  we need to consider and let Let xi jg be the amount of students from neighborhood i of grade g travelling to school j.

Then for an assignment of students to schools, the total distance travelled by all students would be given as :

Σ       Σ        Σ          dij Xijg

i∈I    j∈J     g∈G

Thus, for a feasible assignment, every student of every neighborhood and grade must be assigned to a school which then gives the constraint

Σ  . Xijg = Sig ∀ i∈I , g∈G

j∈J

Consequentially, the number of students each school can take in respective grades is bounded by Cjg,

thus

Σ  . Xijg = Cjg ∀ i∈I , g∈G

i∈I

Finally there can be no negative numbers of assignments: x ≥ 0. This then gives the  following linear program:

min  = Σ       Σ        Σ          dij Xijg

         i∈I    j∈J     g∈G

Subject to

               Σ j∈J Xijg = Sig        ∀ i∈I g∈G

               Σ i∈I Xijg = Cjg        ∀ i∈j g∈G

                  X ≥ 0

8 0
4 years ago
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