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Vinvika [58]
3 years ago
10

_is when there is temporarily not enough of something

Business
1 answer:
PSYCHO15rus [73]3 years ago
6 0
A. Scarcity
is the right answer!
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If the supply of solar panels increases, 1. the price and quantity of solar panels increases. 2. the demand for solar panels inc
ryzh [129]

Answer:

3. the price of solar panels decreases and the quantity increases.

Explanation:

An increase in supplies results in reduced prices.  As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price.  Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.

An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.

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3 years ago
Yvonne knows her firm must look at everything it does from a consumer's point of view. One major difficulty is that consumers' _
hram777 [196]

Answer:

Needs, wants, and ability to purchas

Explanation:

There is no reason to focus on consumer needs thousands of years ago. But we can say that technological advances and communication are wreaking havoc in this regard. Trends and fashions mark each day more than we want to obtain, consume and buy. And that has multiplied by a thousand in the last hundred years

3 0
3 years ago
true or false: firms should obey all the laws, including but not limited to labor, consumer protection, and the environment.
lesya [120]

False. The actions of the company that are expected by society but are not specified by legislation are included in its ethical duties. The need that the company be environment friendly is one of the ethical responsibility criteria.

The company should be constantly mindful of its operations and how they impact the environment. It is the moral and ethical responsibility of every human and every business. A business that upholds the law is also a business that values social responsibility. The company is free to operate whatever it sees fit, but only within the confines of the rules set down by numerous laws, including labor, environment, and criminal laws.

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5 0
2 years ago
A process cost accounting system is most appropriate when
mixer [17]

Answer:

When Manufacturing of a Product involves several processes.

Explanation:

When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate

4 0
3 years ago
The fundamental economic problem is meeting people’s virtually unlimited needs and wants with limited resources.Question 3 optio
Solnce55 [7]

Answer:

The correct answer is: True.

Explanation:

The basic or fundamental problem in economics is people have unlimited wants and needs and the resources are limited. These limited resources have alternative uses and are used to satisfy unlimited wants and needs.

These resources are to be used rationally in such a way that total utility or consumption derived is maximized.

7 0
3 years ago
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