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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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The Center is an experienced home appliance dealer. The Center also offers a number of services together with the home appliance
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Answer:

The amount that should be allocated to the oven is $771.12.

The amount that should be allocated to the installation services is $102.75.

The amount that should be allocated to the maintenance services is $166.13.

Explanation:

Total price=Standard price   oven  +Standard price  Installation  +Standard price  

Maintenance ​  

=$803+$107+$173

=$1,083

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Price allocated=  

Stand alone price of installation service/ Total price

​  ×Price paid by customer

=  

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​

Price allocated=   Stand alone price of maintenance service  /Total price

​  ×Price paid by customer

=   $173 /$1,083  ×$1,040

=$166.13

​

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3 years ago
You are the hr consultant to a small business with about 40 employees. now the firm offers only 5 days of vacation, 5 paid holid
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3 years ago
Zoe runs a flower shop. She recently made some changes so that one employee answers phones and completes the order and payment p
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A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
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undifferentiated

Explanation:

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Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is willing to limit his control of international stores. Gerald will likely use a(n) __________ strategy.

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Answer:

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For a food business like a gourmet sandwich business, the best global entry strategy Gerald will likely take that involves low risk and limit in control of international store is franchising strategy.

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