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8_murik_8 [283]
3 years ago
7

3. Why are many resources allocated through markets?

Business
1 answer:
inysia [295]3 years ago
6 0

Answer:

d. Because resources are so abundant price can help us choose amongst them.

Explanation:

Different markets would value the same item at different prices, and buyers can compare prices to buy the desired item at its lowest cost (in order to save money)

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Suppose lawyers seek legislation to limit the use of computer software that enables people to use their personal computers to se
Harman [31]

Answer:

c. rent-seeking behavior

Explanation:

In economics, rent-seeking behavior can be described as a behavior or conduct that tries to increase the share of an economic agent or an entity from the existing wealth without adding or creating new wealth. This implies that the entity aims to obtain added wealth without creating a new one.

From the question, the aim of the lawyers is mainly to increase their own wealth in terms of legal fees they will collect from preparing wills, trusts, and other legal documents when they prepare them for people when a law restrict people from self-preparing it using their personal computers. In turn, the lawyers will only increase their share of wealth without adding any wealth.

Therefore, this is an example of rent-seeking behavior.

6 0
3 years ago
Please select the word from the list that best fits the definition Easily expresses their feelings
qwelly [4]

it is intrapersonal, and i know that for a fact.

7 0
3 years ago
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Problem:Water flows from a bathroom tap at a rate of 2 gallons every 6 seconds. Questions At this rate,how many minutes will it
katrin2010 [14]

Answer:

4 minutes.

Explanation:

The rate of flow from the tap is 2 gallons every six second

which comes out to be 1 gallons per 3 seconds.

so for 80 gallons we can simply

3  * 80 = 240 which is 240 seconds.

Thus it would take 4 minutes to fill up the 80 gallon tub.

4 0
3 years ago
The Family and Medical Leave Act: Multiple Choice protects recovering drug addicts and those erroneously believed to be drug abu
Phantasy [73]

Answer:

entitles eligible employees of covered employers to take job-protected, unpaid leave for certain family-related or medical reasons.

Explanation:

The Family and Medical Leave Act is a labor law enacted by the 103rd United States Congress and signed by President Bill Clinton on the 5th of February, 1993.

The Family and Medical Leave Act entitles eligible employees of covered employers to take job-protected, unpaid leave for certain family-related or medical reasons.

7 0
3 years ago
MegaComputers Inc., has assigned a project manager for each of the five new-product teams. The managers, as well as the project
sergij07 [2.7K]

Answer:

(E). Project

Explanation:

A <u>project</u> based organization structure is one that is created when an organization has projects to implement. This structure is <u>used to ensure the projects are run separately and smoothly, and do not interfere with each other.</u>

Each <u>project manager supervises or coordinates his team members</u> with the goal of accomplishing the objectives of the project within a given period of time.

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3 years ago
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