1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elixir [45]
4 years ago
5

Diamonds have a higher monetary value than water because: a. diamonds are scarce. c. water has limited value. b. diamonds are a

necessity. d. water has little utility.
Business
2 answers:
Elena-2011 [213]4 years ago
8 0
<span>paradox value is the apparent contradiction between the high monetary value of a nonessential item and the low value of an essential item. For example, diamonds have a higher monetary value than water because diamonds are scarce and appeals more to consumers' utility.</span>
Volgvan4 years ago
3 0

Though diamonds are mostly used for aesthetic purposes, its price is far higher than a gallon of water. This is because (A) diamonds are scarce compared to water.

The principle of scarcity states that <em>objects that are rarer in the market would be valued at a higher price compared to things that can be found everywhere</em>. Since water is more commonly found than diamonds, water is cheaper than diamonds.

You might be interested in
You have just started a new job, working in public relations with a start-up company that just held its IPO. Your boss has asked
irina1246 [14]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Annual brochure

b) Speech

c) Blog

d) Media kit

e) Annual Report

And the correct answer is the option E: Annual Report

Explanation:

To begin with, the term of "Annual Report" in the field of business refers to the comprehensive report that is done by the managers of a company in order to inform to the shareholders about how the company is doing and to see in numbers the financial performance that it has have the last year due to the fact that it collects data from the operations, transactions and all the activities that the company has have throughout the preceding year. Therefore that in this case presented, the best public relations tool that will be able to accomplish the goal it the annual report.

3 0
3 years ago
Cindy lives in Connecticut and makes $59,000 a year. If the median annual income in Connecticut is $68,595 and the median annual
Karo-lina-s [1.5K]
Yes, Cincy is likely to qualify, since her yearly income is below the median annual income of Connecticut.
4 0
4 years ago
Read 2 more answers
Anybody can help with this too ??
mr Goodwill [35]

Answer:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Explanation:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

3 0
3 years ago
Eneri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10,000 $9.20 Purchases: June 18
slavikrds [6]

Answer:

d. $169,200

Explanation:

Total units available for sales = Beginning units + Purchases = 10,000 + 9,000 + 6,000 = 25,000 units

Number of units sold = Total units available for sales - Ending units = 25,000 - 4,000 = 21.000 units

Using LIFO method, cost of good sold can be calculated as follows:

Cost of good sold = (6,000 × $7.00) + (9,000 + 8.00) + (6,000 × $9.20) = $42,000  + $72,000  + $55,200 = $169,200.

Therefore, the cost of goods sold under the LIFO method is $169,200.

6 0
3 years ago
How much the top managers support a change and how capable employees are of handling a change are important considerations of.
Artemon [7]

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

<h3>What is Management?</h3>

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


Read more about management here:
brainly.com/question/1276995

4 0
2 years ago
Other questions:
  • calculate the compund interest monthly for 12 months. the deposit is 5,000 and the annual percenatge rate is 5%
    11·1 answer
  • What is the key factor in determining sales mix if a company has limited resources?
    12·2 answers
  • The industry-low, industry-average, and industry-high cost benchmarks on p.6 of each issue of the Footwear industry report
    15·1 answer
  • It is really necessary for service firms to engage in research and development? in planning for production and operations contro
    12·1 answer
  • Who gains and who loses when a country imposes a tariff or a quota on imports of a​ good? Suppose the United States imposes a ta
    5·1 answer
  • Cason is filing as single and has 2019 taxable income of $36,000 which includes $34,000 0%/ 15 % / 20% net long-term MID capital
    10·1 answer
  • The following expenditures are made during the current year: January 1, $30,000; July 1, $290,000; September 1, $800,000; and De
    10·1 answer
  • Why is education so important when applying for a job?<br> Answer in 3–4 sentences.
    9·1 answer
  • Gullett Corporation had $37,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
    11·1 answer
  • A software company developed a new virus protection software named LockDown. The box containing the CD displayed the company nam
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!