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Dafna11 [192]
2 years ago
5

When economists speak of scarcity, they are referring to the condition in which society is not employing all its resources in an

efficient way. condition in which people's wants outstrip the limited resources available to satisfy those wants. economic condition that exists in only very poor countries of the world?
Business
1 answer:
Elden [556K]2 years ago
7 0
Employing all its resources in an efficient way. condition
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In an economy with a population of 100 million persons, 42 million hold civilian jobs and 6 million are not working but are look
BlackZzzverrR [31]

Answer:

The unemployment rate is 12.5%

Explanation:

The formular for solving unemployment rate is:

Number of unemployed persons/ Total number of civilian force × 100

The number of unemployed persons is 6 million

The total number of civilian force is 6milllion + 42 million = 48 million

Therefore unemployment rate is

6/48 ×100 = 12.5%

Thus, the unemployment rate is 12.5%

6 0
3 years ago
Kemala is a factory worker in Indonesia, where she earns the equivalent of roughly U.S$1 per hour producing T-shirts to export t
postnew [5]

Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.

Explanation:

Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.

It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.

5 0
2 years ago
Debt-to-equity ratio is:
Ahat [919]

Answer: calculated by dividing total liabilities by net worth.

Explanation:

The debt to equity ratio is used to know how credit worthy a company is. This is gotten by dividing the total liability of a company by the equity of the shareholder.

It should be noted that the debt t equity ratio isn't gotten dividing your assets by liabilities. Therefore, based on the information given above, the answer is A.

8 0
2 years ago
Yall know candice you guy like wendys
Grace [21]

Answer:

Y'all know we laugh at your slogan "fresh, never frozen" right? ... It's a bit late, but I feel like getting a burger from the place, read the drama guy's comments.

Explanation:

5 0
2 years ago
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Services can not be stored, warehoused, or inventoried. Because of this, many hotels and airlines offer deep discounts on rooms
vagabundo [1.1K]

Answer: This scenario demonstrates the PERISHABILITY quality of services.

Explanation: A Service Organisation can be defined as an organisation that practice the provision of such a service as economic activity.

Some of the qualities of Services include; variability; perishability; heterogeneity etc.

The perishability quality of service refers to the fact that services cannot be stored, warehoused, or inventoried and, therefore, are perishable.

4 0
3 years ago
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