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PtichkaEL [24]
3 years ago
13

What do economists mean by​ scarcity? A. Economists mean that trade is not possible. B. Economists mean that unlimited wants exc

eed limited resources. C. Economists mean that production is inefficient. D. Economists mean that the economy is unable to produce increasing quantities of goods and services. E. Economists mean that people are not employed.
Business
1 answer:
Stels [109]3 years ago
6 0

Answer: Option A

Explanation: Scarcity refers to the situation when there is limited availability of a commodity. This term is usually used for the natural resources like coal, drinking water etc.

In economics it refers to the situation when there is not limited quantity of resources available for fulfilling the market demand. Scarcity deals with the problem of limited resources in nature and unlimited wants of the population.  

Hence, from the above we can conclude that the correct option is A.

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You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p
Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

Given that

The total number of employees to manage is 84

and w assume that the no of employees on the sales floor after having division be x

also the given condition is that there should be minimum of 2 employees for every 5 employees that worked on the sales floor

So that means

x ÷84 = 5 ÷ (5 + 2)

after solving this x = 60

So the no of employees on register is

= 84 - 60

= 24

7 0
2 years ago
Suppose Latasha comes into a large sum of money and decides to lend it out to earn interest on it. She realizes, however, that e
qwelly [4]

Answer:

moral hazard

Explanation:

Banks reduce the risk of moral hazard when they monitor and supervise how their clients are using the loans and credits made to them.

Some types of credits do not require any type of monitoring or control, e.g. a credit card which a client can use basically however he/she wants to. But other types of credit that are taken for purchasing assets, e.g. a mortgage, must be used by the bank's client to specifically carryout the intended activity.

In economics, moral hazard refers to the tendency that an economic party can engage in unusually risky activities because the capital (money) that they are investing is not theirs and the negative effects of a potential loss will be suffered most by other parties.

5 0
3 years ago
Question 1 of 10
sesenic [268]

Answer: In a bicycle shop, salespeople help shoppers choose the right frame size and handlebar position for a comfortable ride.

8 0
3 years ago
A justification defense strategy is sometimes difficult to carry out because it:
Tems11 [23]

A justification defense strategy is sometimes difficult to carry out because it varies in wide interpretations. The right to self-defense granted by law to the private citizen is strictly limited. Use of force that goes beyond what is necessary to dispel the immediate threat of violence is known as excessive self-defense. 

8 0
4 years ago
Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes call
Flura [38]

Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called <u>direct costs.</u>

<h3>Wat are direct cost?</h3>

A direct cost is known to be the said price that can be said to be straightly linked or tied to the manufacturing of specific goods or services.

Not that A direct cost is one that  be known via to the cost object, that is it can be a service, product, or others.

Hence, Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called <u>direct costs.</u>

Learn more about direct costs from

brainly.com/question/26245657

#SPJ1

6 0
2 years ago
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