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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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As the capital budgeting director for Chapel Hill Coffins Inc., you are evaluating construction of a new plant. The plant has a
ValentinkaMS [17]

Answer:

18.37%

Explanation:

The internal rate of return is the return at which the net present value comes to zero

Here the net present value is the value at which the present cash inflows after discounting factor is exceeded then the initial investment. If this thing happens then the project would be accepted otherwise it would be rejected

The computation of the range of the plant IRR is to be shown in the attachment below.

Please find the attachmentHence, the internal rate of return is 18.37%

5 0
3 years ago
f there are two factors used in producing a good, the least-cost rule specifies that costs have been minimized when Group of ans
solniwko [45]

Answer:

Explanation:

When there are two factors used in producing a good, the least-cost rule specifies that costs have been minimized when the MPP of the first factor divided by its price is equal to the MPP of the second factor divided by its price.

The least cost rule evaluated two factors of production. Let's say labor and capital. production at least cost has the requirements that labor’s marginal product divided by its price is equal to capital’s marginal product divided by its price.

6 0
4 years ago
​coinstar total fixed cost of operating one​ self-serve kiosk is the cost of​ ______.    ​coinstar variable cost of providing co
dangina [55]

Answer: d. the machine; the coffee beans, milk, and workers who provide maintenance services

Fixed costs make up most of the monthly expenses for Coinstar company. These costs include machines.

<span>Variable costs vary.  These costs depend on how many cups of coffee are sold or how much milk and coffee beans are used for each drink. The number of workers who provide maintenance services is also considered variable costs that are sometimes hard to predict. </span>

8 0
3 years ago
research is clear that intuition can be a very effective way to make decisions, but only when those making the decisions have a
Artyom0805 [142]
Three numbers are in the ratio of 3:5:7. If the largest number is multiplied by 3, the result is 26
more than the sum of the first and second numbers. Find the numbers
6 0
3 years ago
Chaz Denver Company has identified that the cost of a new computer will be $40,000, but with the use of the new computer, net in
Ludmilka [50]

Answer:

The formula for cash payback period is

Initial Investment/Net cash inflow from the investment

So in this case the initial investment is $40,000 and the cash flow increased by the computer is $5,000 so in order to find the cash payback period we will divide 40,000 by 5,000

40,000/5,000=8

The cash payback period is 8 years for the investment in the computer

In this case we ignored the depreciation expense as it is a non cash expense.

Explanation:

5 0
4 years ago
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