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Eva8 [605]
3 years ago
6

The economic problem of _____ arises because human wants and desires are unlimited and the means to satisfy these wants are limi

ted.
Business
1 answer:
raketka [301]3 years ago
4 0

Answer:

Insatiation

Explanation:

Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants

Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human

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Why is it necessary to have a time-phased budget baseline? Select one: a. It allows proper resource allocation b. It reduces sch
natulia [17]

Answer:D. It shows how much work was accomplished for the money spent

Explanation:

Time phased budget is an approved plan of how much work should be accomplished at stated time on the money spent on a project

7 0
3 years ago
​"a measure of process​ performance; the ratio of outputs to​ inputs" is the definition of
Stella [2.4K]
The answer is productivity. The productivity is an financial measure of output per unit of input. Inputs comprise labor and capital even though output is classically measured in revenues and other gross domestic manufactured goods constituents such as business inventories. Productivity methods may be look at cooperatively cross-ways the whole economy or watched industry by industry to inspect tendencies in labor growth, wage levels and technological development.<span />
5 0
3 years ago
Samantha goes to the grocery store to make her monthly purchase of ginger ale. As she enters the soft drink section, she notices
Vlad1618 [11]

Answer:

SUBSTITUTION BIAS

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.

Samantha decides to buy some peppermint because of the 15% inflation on the price of ginger ale, therefore, this situation is most relevant to SUBSTITUTION BIAS in the construction of CPI.

6 0
3 years ago
Using a cost chart, estimate the current purchased cost of a cast-steel centrifugal pump that requires 100 kW of power. What is
Levart [38]

Answer:

$94,500

Explanation:

Given the attached chart and table, we have

Purchased cost of cast-steel centrifugal pump that requires 100kw of power = $45,000

Cost if pump is made of 316 stainless steel = 2.1 * 45,000 = $94,500

Note: see the attached images.

Hope this helps!

5 0
2 years ago
What is a drug cartel
Leni [432]

<em>Answer:</em>

<em>A drug cartel is a criminal organization with the intention of supplying drug trafficking operations. They range from loosely managed agreements among various drug traffickers to formalized commercial enterprises.</em>

<em></em>

3 0
2 years ago
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