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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.

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This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis
elena-14-01-66 [18.8K]

Answer:

B. Business Case

Explanation:

The program management plan is a document that updates the progress of any project. So, option A is wrong.

SWOT analysis provides the internal and external strengths and opportunities of any corporation. So, this is also incorrect.

The guiding principle gives a company to adhere to the rules and responsibilities. Therefore, it is not correct.

The business case summarizes the project by describing the benefits of a selected component. It also emphasizes to initiate a project. So, it is the right answer.

8 0
3 years ago
When demonstrating 2022 maxima’s confident cornering, what should you point out?
jarptica [38.1K]

Based on driving analysis when demonstrating 2022 maxima’s confident cornering, things to point out include "<u>How quickly Maxima responds to steering input."</u>

The other things to point out when demonstrating 2022 maxima’s confident cornering include the following:

  • How level the vehicle stays.

  • The minimal understeer when cornering.

Maxima 2022 is one of the latest automobiles vehicle models from Nissan automobile manufacturer.

The Maxima 2022 is designed to meet the latest and modern driving standards that provide ease of navigation.

Maxima 2022 is expected to cost around $37,240.

Hence, in this case, it is concluded that Maxima 2022 is an excellent vehicle to consider buying.

Learn more about vehicles here: brainly.com/question/21927146

3 0
2 years ago
Humes Corporation makes a range of products. The company's predetermined overhead rate is $20 per direct labor-hour, which was c
hichkok12 [17]

Answer:

$7,400

Explanation:

The impact on the company's overall profit is shown below:-

<u>Particulars                Amount </u>

Sales                          $50,320  (740 × $68)

Less : Variable cost

Direct material          $30,340  (740 × $41)

Direct Labor               $10,360  (740 × $14)

Variable Manufacturing

overhead

($51,000 ÷ 17,000)        $2,220 (740 × $3)

= 3

company's overall profit $7,400

To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.

3 0
3 years ago
Question Workspace Exhibit 3-5 Supply for Tucker's Cola Data Quantity supplied per week (millions of gallons) Price per gallon 6
Lena [83]

Answer:

20 million gallons

Explanation

The market quantity supplied can be found by adding the quanirty supplied of the 5 suppliers.

When price is $1.5, tucker supplies 3 million gallons

3 + 10+2 + 5 + 0 = 20

I hope my answer helps you

5 0
3 years ago
Suppose the median household earned $9,242 in 1976 and $52,624 in 2016. During that time, also suppose the CPI rose from 45.6 to
Mekhanik [1.2K]

Answer:

a) 469.40%

b) 18.15%

Explanation:

a)

Total nominal growth rate = (\frac{\textup{Earned income in 2016}}{\textup{Earned income in 1976}}-1)\times100\%

thus,

Total nominal growth rate = (\frac{\textup{52,624}}{\textup{9,242}}-1)\times100\%

= 469.40%

b) Total real growth rate = (\frac{\textup{Real earned income in 2016}}{\textup{Real earned income in 1976}}-1)\times100\%

now,

Real earned income in 1976 = \frac{\textup{Earned income in 1976}}{\textup{CPI in 1976}}

=  \frac{\textup{9,242}}{\textup{45.6}\%}

= $20,267.54

and,

Real earned income in 2016 = \frac{\textup{Earned income in 2016}}{\textup{CPI in 2016}}

=  \frac{\textup{52,624}}{\textup{219.75}\%}

= $23,947.21

Therefore,

Total real growth rate = (\frac{\textup{23,947.21 }}{\textup{20,267.54 }}-1)\times100\%

= 18.15%

4 0
3 years ago
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