1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SIZIF [17.4K]
3 years ago
12

Each individual must make choices because A. wants are sometimes mixed up with needs. B. resources are limited and therefore can

not satisfy​ one's many competing wants. C. needs are more important than wants. D. even if​ one's wants are completely​ satisfied, insufficient time exists to fully enjoy all of them.
Business
1 answer:
77julia77 [94]3 years ago
7 0

Answer:

The correct answer is letter "B": resources are limited and therefore cannot satisfy​ one's many competing wants.

Explanation:

Scarcity is the main problem in economic by which people have unlimited needs but finite resources to satisfy them. As a result, individuals must make tradeoffs to sacrifice part of the satisfaction of a need, to satisfy part of another need. Scarcity pushes people to make rational decisions to maximize their returns.

You might be interested in
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
coldgirl [10]

Answer:

Option (A) is correct.

Explanation:

Given that,

Order costs for pepperoni = $10.00 per order

Carrying costs = 4 cents per pound per day

Lead time for each order = 3 days

Pepperoni itself costs = $3.00 per pound

Total Order = 80 pounds of pepperoni

Demand rate = 20

Total ordering cost = Total order × cost per order

                                = 80 × $10

                                = $800

Length of an order cycle:

=\frac{Order\ quantity}{Demand\ rate}

=\frac{80}{20}

= 4 days

3 0
3 years ago
What is the term that describes when two or more enterprises encounter each other in different regional markets, national market
snow_lady [41]

Answer:

Multipoint competition

Explanation:

Multipoint competition can be regarded as term used in describing a

process whereby there is engagement of a firm simultaneously in competitive interactions in a markets or across multiple products, resulting to competitive actions in a particular market leading to responses in a different/ multiple markets. Multipoint competition can also be explained as situation that exist when a firm is facing the same rival in different market. It should be noted that Multipoint competition is the term that describes when two or more enterprises encounter each other in different regional markets, national markets, or industries.

8 0
3 years ago
The most competitively effective and very likely most profitable long-term approach to reducing or eliminating the impact of pay
monitta

Build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all ( or at least most) of the pairs the company intends to try to sell in Europe-Africa is the most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying tariffs imported to a company's distribution warehouse in Europe-Africa.

Tariffs are taxes imposed by one country on goods or services imported from another country. Tariffs are trade limitations that raise prices and decrease available quantities of goods and services for U. S. businesses and customers.

A “unit” or specific tariff is a tax levied as a fixed charge for each unit of a good that is imported – for instance, $300 per ton of imported steel. An “ad valorem” tariff is levied as a proportion of the value of imported goods. An example is a 20 percent tariff on imported automobiles.

Learn more about Tariffs here brainly.com/question/8000501

#SPJ4

3 0
2 years ago
Unified Modeling Language (UML) Class diagrams describe the logical structure of a database system. True or False True False
Mashcka [7]

Answer:

True

Explanation:

The work of software developers is quite tough and confusing that is why the system of language was created to help them in their work. The system of language is known as a unified modelling language, it uses various diagrams to help them in solving various complex problems. This language provides a standard way to visualise the concepts that is why it is a logical structure of a database system.

8 0
3 years ago
What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income
vodka [1.7K]

Answer: hello your question is open ended hence I will give you a more general answer

answer : $12,000 * number of workers  or $24,000 * number of workers

Explanation:

Income taxes are taxes been levied directly on the  income earned by the tax payer.

According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000  are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )

3 0
3 years ago
Other questions:
  • Castle Company provides estimates for its uncollectible accounts. The allowance for uncollectible accounts had a credit balance
    6·1 answer
  • The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $
    9·1 answer
  • Because of the unlimited liability of all partners, a general partnership most
    9·2 answers
  • The level of expected performance for a given goal: a target that establishes a desired performance level, motivates performance
    5·1 answer
  • Find 1 or 2 examples from this historically significant persuasive speech where President Reagan attempts to strengthen or
    10·1 answer
  • A taxpayer, in the 25% bracket before considering the sale, sold for a gain of $10,000 a residential rental building, purchased
    6·1 answer
  • Economists use the term inflation to describe a situation in which a. some prices are rising faster than others. b. the economy'
    9·1 answer
  • Pratique Solutions offers jobs that require creativity and hires people who are enthusiastic and friendly. Their pay scale meets
    5·1 answer
  • What is the present value of a series of payments received each year forever, starting with $1,000 paid one year from now and th
    11·1 answer
  • One of the main factors when determining which companies to buy policies from is whether or not the company is _____ strong.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!