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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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When firms purchase new capital we call this _____
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Answer:

Business fixed investment

Explanation:

The <u><em>purchase by firms of new capital goods</em></u> such as machinery, factories, and office buildings. (Remember that for the purposes of calculating GDP, long-lived capital goods are treated as final goods rather than as intermediate goods.) Firms buy capital goods to increase their capacity to produce.

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If the Netherlands enjoys comparative advantage in the production of dairy products, it implies that the opportunity cost of pro
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False

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A country has comparative advantage in production if it produces at a lower opportunity cost when compared with its trading partners.

I hope my answer helps you

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4 years ago
Suppliers deliver product to restaurants on a regular schedule throughout the week. You are responsible for checking delivery or
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Answer: e) All of the above

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3 years ago
Procter &amp; Gamble recently introduced Pampers Rash Guard. Rash Guard does not represent a new product per se; rather, the dia
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<u>A continuous innovation.</u>

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Continuous innovation can be defined as a strategy used by companies, mainly a large company like P&G, so that the company has a greater positioning in the market and with this the company becomes the market leader, as it already offers a product recognized as diapers Pampers and yet creates an innovation for diapers, so that it can reach a greater number of consumers and attest to its positioning of an innovative and updated company, which always seeks improvements for products that are already recognized as products of value and quality for the consumer.

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3 years ago
Impact of new vendor with zero opening balance
Marianna [84]

The impact of the vendor with the zero opening balance is to show that the account has been correctly set up.

<h3>What is the vendor opening balance?</h3>

This is the term that is used to refer to the amount of money that is in an account at the particular time that the account is newly opened.

The way that the vendor balance can be gotten is when the opening balances that are in a new year are carried forwards and the customers are done. In order to track this, the code that is to be used is F. 07.

The opening balance is what would have to be brought forward at the end of an accounting period and it is usually what the vendor would have to use as they try to keep a track of the cash flow that is in their account.

Hence we would say that the impact of the new vendor with this balance that is 0 is to help to determine how correct the set up of the account has been done.

Read more on opening balance here: brainly.com/question/26235574

#SPJ1

5 0
1 year ago
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