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Marina86 [1]
3 years ago
10

1. Economics is a social science concerned with: A. The best use of scarce resources to achieve the maximum satisfaction of econ

omic wants. B. Increasing the level of productive resources so there is a minimum level of income. C. Increasing the level of productive resources so there is maximum output in society. D. The best use of scarce resources paid for at the minimum level of cost to consumers and businesses
Business
1 answer:
telo118 [61]3 years ago
7 0

Answer:

A. The best use of scarce resources to achieve the maximum satisfaction of economic wants

Explanation:

Economics is a social science where by scarced resources is Been judiciously utilized in the production of goods and services for human satisfaction, because human wants are so numerous.

Among the different economic system that is used in the world today are capitalism ,socialism and communism,

Samuelson was regarded as the father of modern economics.

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Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio
enyata [817]

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology. </em>

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>

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3 years ago
Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2018 amounting to $8,000 to cover a 30-
Pepsi [2]

Answer:

A) $0

Explanation:

as per IRC section 101g, if the payment exceeds the greater of per actual cost then the excess payment amount will be taxable.

total tax free payment = 360*30

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4 0
3 years ago
On the first day of the fiscal year, Hawthorne Company obtained an $88,000, seven-year, 5% installment note from Sea Side Bank.
Alex73 [517]

Answer:

DR  - Interest expense - $4,400

Explanation:

DR  - Interest expense - $4,400

DR  - Notes payable     - $10,808

CR  - Bank/Cash           - $15,208

5 0
3 years ago
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construct a quadriteral PQRS, given that QR=4.5cm PS=5.5cm,RScm5cm and diagonalPR=5.5cmand diagonal SQ=7cm​
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Answer:

The quadrilateral is drawn above

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A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr
sashaice [31]
This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product. 
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3 years ago
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