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Art [367]
3 years ago
8

The study of how people choose to use scarce resources to satisfy their wants and needs​

Business
1 answer:
NeTakaya3 years ago
5 0

Answer:

Economics

Explanation:

Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.

Economics is categorized in microeconomics and macroeconomics.  Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product.  Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP

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Cuales son sus elementos de ciencia
tresset_1 [31]
Ciencias formales: Lógica y Matemáticas. Ciencias factuales: 1.- naturales (Física, Química, Biología, Psicología individual) y 2.- culturales (Psicología social, Sociología, Economía, Ciencias Políticas, Historia material, Historia de las ideas)

las ciencias humanas sociales. a) Ciencias que establecen leyes: antropología, psicología, lingüística, economía y política, demografía y cibernética, lógica y epistemología científica.   b) Ciencias que interpretan el pasado: historia, filología, crítica literaria, paleontología.  c) Ciencias que establecen normas: derecho, política, legislación.  d) Ciencias filosóficas: metafísica, teoría del conocimiento general, antropología filosófica, axiología, ética, filosofía de la religión, sociología.


6 0
3 years ago
Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,
Tanzania [10]

Answer:

b. Materials 190,000 Accounts Payable 190,000

Explanation:

Materials may either be purchased on credit or by cash, When materials are purchased on credit, such materials are said to have been purchased on accounts.

The entries for cash purchases are ;

Debit Supplies/Inventory account

Credit Cash account

However, when the purchase is done on account, the credit entry goes to the accounts payable and not cash.

8 0
3 years ago
How could the government fight inflation?
OlgaM077 [116]
I say it would be B. Raise taxes
4 0
3 years ago
Where is the most common workplace for people in the finance cluster?
Reika [66]
I would assume inside of an office building with cubicles.
8 0
3 years ago
Read 2 more answers
Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products
Effectus [21]

Answer:

a. Market penetration

Explanation:

Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates.  The strategy is used to increase sales volumes in existing markets.  

Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.

8 0
3 years ago
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