Answer:
c. best utilization of scarce resources
Explanation:
Economics is the study of how society uses its scarce resources to meet the insatiable needs of its members. Resources are the inputs that a county uses to produce goods and services. They are the four factors of production.
Human needs are unlimited and cannot be satisfied with the available scarce resources, necessitating human beings to make choices. Economics will involve analyzing production decisions amidst limited resources. It also analyses how the goods produced are distributed to satisfy the different needs and wants of its members.
Answer:
Licensing agreements offer limited market control since the licensee typically does not become involved in the licensor's marketing program.
False
Answer:
What situation is considered reinforcement?
A. Receiving "thank you" from somebody after doing something nice.
Explanation:
The action or process of strengthening
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Variable manufacturing cost, $30
Applied fixed manufacturing overhead, $15
<u>Under the absorption costing method, the unitary product cost is calculated using the variable manufacturing cost and allocated fixed overhead.</u>
Unitary product cost= 30 + 15= $45
