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Nina [5.8K]
2 years ago
8

What is the meaning economics ​

Business
1 answer:
Elena L [17]2 years ago
6 0

Answer:

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

2.

the condition of a region or group as regards material prosperity.

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Harvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
kakasveta [241]

Answer:

3 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

Initial investment is $450,000

And, the net cash flow = annual net operating income + depreciation expenses

= $105,000 + $45,000

= $150,000

Now put these values to the above formula  

So, the value would equal to

= ($450,000) ÷ ($150,000)

= 3 years

8 0
3 years ago
What is a tax return?
Lady_Fox [76]
C is the answer!!! Sorry if I’m wrong
4 0
1 year ago
Read 2 more answers
The key principle of supply chain management can be best summed up as ________ between multiple firms.
hram777 [196]

Answer:

Collaboration.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

3 0
2 years ago
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
Lilit [14]
D because it’s correct
7 0
3 years ago
Read 2 more answers
The Country Music Hall of Fame is considering increasing admission prices to increase gross revenue. If the price of admission r
Kitty [74]

Answer:

1

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Percentage change in quantity demanded = (30/20) - 1 = 0.5 = 50%

Percentage change in price = (1500 / 3000) - 1 = 0.5 = 50%

50% / 50% = 1

I hope my answer helps you

3 0
3 years ago
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