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artcher [175]
3 years ago
8

Scarcity is a condition that is everywhere and always, since it is based upon two assumptions that reflect permanent universal c

onditions. The assumptions are that more output will satisfy more wants and _________.a. there are limited wants.
b. the world has limited productive resources.
c. the world has unlimited productive resources.
Business
1 answer:
Musya8 [376]3 years ago
3 0

Answer:

Scarcity is a condition that is everywhere and always, since it is based upon two assumptions that reflect permanent universal conditions. The assumptions are that more output will satisfy more wants and the world has limited productive resources

Explanation:

Due to the fact that there is high demand in market and there is limited productive resources which in turns affect the demand, hence; causing scarcity

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Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
3 years ago
Polaris, a manufacturer of snowmobiles, motorcycles, watercraft, and off-road vehicles, shares manufacturing operations across i
Burka [1]

Answer:  Related diversification

Explanation: Related diversification refers to a situation that occurs when the business takes on an expansion by offering new products in the markets which are very similar to the existing ones that the firm offers. In the given case Polaris manufactures and offers automobile products in the market and he have separate departments for other different supporting activities for the business, thus, we can conclude that Polaris is using related diversification.

5 0
3 years ago
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

Direct materials $8,316

Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

= $28,215

In the case when the order is accepted, the net income would increase by

= $31,977 - $28,215

= $3,762

5 0
3 years ago
Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique
LenaWriter [7]

Answer:

Noise

Explanation:

Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique dialect and delivery style. This is an example of _noise_.

Noise refers to anything that interferes the communication between the speaker and the audience. It can be both external as well as internal. It can disrupt the communication process at any instant.

3 0
3 years ago
PLS HELP take a look at the picture and lmk which one the answer is
hram777 [196]
Answer:

Both provide jobs in the community
Both contribute to innovation through competition
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2 years ago
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