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attashe74 [19]
3 years ago
14

While shopping you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy

. You rush into the store, only to find that they are sold out. What concept does this scenario illustrate?
A. laissez faire
B. law of diminishing returns
C. scarcity
Business
2 answers:
olya-2409 [2.1K]3 years ago
8 0
B.law of dimming returns
sweet-ann [11.9K]3 years ago
8 0
The correct answer for the given question above would be option C. The scenario wherein you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy, and found out that they are sold out, this illustrates scarcity. This is the insufficiency of amount and supply.
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Select the correct answer.
djverab [1.8K]

Answer:

c is the answer to the question

Explanation:

If my answer is incorrect, pls correct me!

If you like my answer and explanation, mark me as brainliest!

3 0
2 years ago
The percentages in the table represent the performance change from the previous month. Consider the impact of each metric on cus
Stolb23 [73]

Based on the metrics given, we can say that shipping errors were <u>not very impactful </u>on customer questions.

<h3>Relationships between metrics</h3>
  • Customer questions kept rising by 2% from the first month till the third month.
  • Shipping errors (shipped incorrectly) rose by 2% from the first to the second month and then stayed constant.

What we then realize is that even though questions kept rising, shipping errors only rose once which means that shipping errors did not account for much of customer questions. If it did, the customer questions would have stayed constant as well.

In conclusion, shipping errors were not very impactful.

Find out more on performance metrics at brainly.com/question/4295533.

5 0
2 years ago
Which kind of business organization does not allow for profit sharing?
Nataly_w [17]
The answer is d sole proprietorship
6 0
3 years ago
Terra Corporation purchased equipment with a 10-year useful life and zero residual value for $100,000. At the end of the fourth
vazorg [7]

Answer:

Assets increase by $10,000

Total stockholders' equity increases by $10,000

Explanation:

Since in the question, it is given that, the purchase value of equipment is $100,000 and the exchanged value is $110,000

So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000

The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash

3 0
3 years ago
You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity t
Vlada [557]

Answer:

No

Explanation:

An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.

Besides, the option is described as very complicated, and you as a potential investor do not understand it well, which is a very difficult position to be in because it could even lead you to being scammed without realizing.

4 0
3 years ago
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