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Lostsunrise [7]
3 years ago
9

One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The growth that arises from capital accumulat

ion is not a free lunch. It requires that society a. conserve resources for future generations. b. sacrifice consumption goods and services now in order to enjoy more consumption in the future. c. recycle resources so that future generations can produce goods and services with the accumulated capital. d. None of the above is correct
Business
1 answer:
aleksandrvk [35]3 years ago
6 0

Answer:

The answer is: B) sacrifice consumption goods and services now in order to enjoy more consumption in the future.

Explanation:

This is the basic concept of savings in economics. In order to accumulate capital, you must have savings.

Saving is the income that wasn´t spent. Sometimes savings is also referred to as deferred consumption. What you don´t buy (or consume) today, you will be able to buy tomorrow.

For example, you have $100 for lunch money for the week. If you spend all of it on Monday and Tuesday, you can not buy any more lunch the rest of the week. But if instead you only spent $80 during this week, then next week you will be able to buy more things.  

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You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars
Sveta_85 [38]

Answer: $825

Explanation:

Total seminar cost for the team;

= 150 * 5 people

= $750

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= 7,500 cents

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5 0
2 years ago
Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each
pogonyaev

Answer:

total revenue = is 99300

Explanation:

given data

expects to sell in October = 3,000 units

expects sales to increase  = 10%

Sales price stay constant = $10 per unit

solution

we get revenue hereby the sum of revenue of oct + nov + dec

revenue = price × quantity    .........................1

total revenue = is 99300

8 0
2 years ago
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BlackZzzverrR [31]
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6 0
3 years ago
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Elena-2011 [213]

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