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Anit [1.1K]
3 years ago
7

1. Why is scarcity a significant problem? A. It leads to opportunity cost. B. It forces people to make choices. C. It determines

the type of economic system used.
2. Why do business owners have to answer the three economic questions? A. the answers are something banks want when they review a business plan. B. The answers determine the best way to use their resources C. The answers are required by federal law
Business
1 answer:
enot [183]3 years ago
4 0

1. It’s probably B and 2 . It’s  bit hard but if I had to go with something it would be C

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If you were to start a business delivering documents, you might need to purchase cell phones, bicycles, desks, and chairs. a. Th
Alex Ar [27]

Answer:

The answer is B.

Explanation:

Capital is what is used to start a business. It is what the owner's contribution in the business. In advanced class, it is called stock or equity. Capital is usually from the owner's savings. But if this money is borrowed either from an individual or a bank, the person is a borrower while the other party is the lender.

Option A is incorrect because money raised from someone makes the person borrowing a borrower and not a saver.

Option C and D are incorrect because the items needed for the business are not consumables, they are needed for the smooth running of the business, hence they are not consumption.

4 0
3 years ago
Which of the following statements regarding the center of gravity method is false
grigory [225]

Answer:

Consider the following explanation

Explanation:

False statement are as follows,

A)  It is designed to minimize the maximum possible travel distance to any location

This statemet is false

Explanation- Center of gravity has nothing to do with travel distance or any kind of diisplacement. Following sentence is used in cargo industry ffor effieicent transportation.

C) And D) Are also false

Explanation- They are also a part of cargo management hence cannot be used in center of gravity method.

Only Option B) Is correct

8 0
3 years ago
What are the powers and responsibilities of the top management of a corporation?. A) They manage the day-to-day operations of th
tankabanditka [31]
The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation

For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers

hope this helps
8 0
3 years ago
A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Me
Snowcat [4.5K]
<span>It would be: $3 million ($10 million in cost less $7 million in payment)</span>
6 0
3 years ago
In the early 2000’s, mp3 players replaced cd players as the preferred portable music player. this shift in demand was likely the
tester [92]
This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.
5 0
3 years ago
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