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Dafna11 [192]
3 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]3 years ago
7 0
Employing all its resources in an efficient way. condition
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An electronic bridge between partner companies in a supply chain that is used to transmit​ real-time information about​ orders,
8_murik_8 [283]
<h2>Electronic Data Interchange is the bridge between partner companies in a supply chain.</h2>

Explanation:

  • Enables information transfer between one company and another
  • The transfer of information would be in electronic mode rather than paper mode
  • Since they conduct business electronically they are called "trading partners".
  • Types of EDI are :Direct EDI/Point-to-point, Web EDI, Mobile EDI, etc
  • Data are exchanged in 3 simple steps: Prepare the document, convert that to EDI, send to your partner or client
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8 0
3 years ago
On January 1, 2020, Danvers Company purchased a copy machine. The machine cost $800,000, its estimated useful life is 5 years, a
Elden [556K]

Answer:

The answer is $192,000

Explanation:

Double-declining-balance method is doubling the rate used.

To find the rate:

100percent÷5years

= 20%.

Doubling the rate:

20% x 2

=40%

Depreciation for December 31, 2020 is:

0.4 x $800,000

=$320,000.

Net book value of the asset at the beginning of January 1, 2021 is:

$800,000 - $320,000

$480,000.

Therefore, depreciation for December 31, 2021 is:

$480,000 x 0.4

=$192,000.

Therefore depreciation for December 31, 2021 is $192,000

4 0
3 years ago
Talia, a project manager, estimates that a project will take a year to complete. She gets the estimation approved, although it i
Advocard [28]

Answer:

The correct answer is: the planning fallacy.

Explanation:

The planning fallacy is the paradox referring to projecting the length it will take to accomplish an objective longer than what it could take. The mistaken assumption happens because individuals tend to compare the time it will take them to reach their objectives with the time it took others to achieve the same goals.

6 0
3 years ago
Which chart type can be used to display summary values from two different levels of grouping in a report?
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Funnel chart and donut chart can be used to display summary values from two different levels of grouping in a report.
<span>There are many types of charts to show the data in the form of bars, columns, lines, shapes, or other elements. Which chart is the right one for your use, it depends on the type of data and how you want to show. The different types of charts are: Bar Charts, Column Charts, Line Charts, Pie Charts, Donut Charts, Funnel Charts, Scatter Charts.</span>
6 0
3 years ago
A high-definition tv costs a company $3,300 to manufacture. if it sells for $6,732, what is the percent markup based on cost? (r
Anastaziya [24]
<span>The cost of TV to the company = $3300 Selling price of TV = $6732 Hence Markup = 6732-3300 = $3432 Percentage Markup =3432/3300 x 100 =104% Hence percentage markup cost = 104%</span>
6 0
3 years ago
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