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attashe74 [19]
2 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]2 years ago
8 0
B.law of dimming returns
sweet-ann [11.9K]2 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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The final payment is <u><em>not </em></u>a fee that contributes to the original cost of leasing an automobile, option B is the correct answer.

<h3 /><h3>How is leasing charged?</h3>

The first payment is, predictably, the same as one month's rent.

A lender or lessor will impose an acquisition fee to offset the costs of establishing a loan or lease agreement.

A disposition fee, sometimes known as a turn-in fee, is a cost associated with returning a rented vehicle.

Therefore, final payment doesn't contribute to leasing a car.

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6 0
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Use the following information to answer the next three questions.
nalin [4]

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

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total duration of investment; n = 3

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Answer:

D. Manufacturer to wholesaler to consumer

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Andreyy89

Important dsiclamer: there was a type in the question you enter 26,000 while in the textbook is for 20,000

Answer:

a. Decrease $1,200,000

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fixed      (2100)

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net (3000)

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