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
Serggg [28]
3 years ago
8

. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by

your teacher (d) ride on a bus.
Business
1 answer:
Anvisha [2.4K]3 years ago
7 0

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

You might be interested in
What condition exists if you have a monthy soending deficit?
frez [133]
What is a soending defct
5 0
3 years ago
Which of the following describe the reason(s) why maximization of intrinsic stock value benefits society?
Dafna1 [17]

Answer:

B. Workers prefer companies that minimize operating costs.

C. The owners of stock are society.

D. Successful companies attract more talent.

Explanation:

The intrinsic stock value does not need to reflect the market value of the company stock. However, the intrinsic stock reflects the company's lucrative aspect, something more intuitive that describes the company's operating. Therefore, a high intrinsic stock value reflects a company with great reputation.

A company with high intrinsic stock will surely attract more talent, as the talent pool is motivated by working in a reputable, efficient company. This kind of company is surely cost-effective in terms of operation too.

7 0
3 years ago
Many people are familiar with swot analysis—analyzing strengths, weaknesses, opportunities, and threats—which is used to aid in
ivann1987 [24]
Depression and feel hopeless
8 0
3 years ago
A Japanese worker can produce 6 units of steel or 3 televisions per hour. A Korean worker can produce 8 units of steel or 2 tele
kifflom [539]

Answer:

2 and 4

Explanation:

Japanese worker can produce 6 units of steel or 3 televisions per hour.

Korean worker can produce 8 units of steel or 2 televisions per hour.

Opportunity cost is the cost of the lost alternative. So when the country decides to produce only televisions it has to give up on steel production. Thus, the units of steel forgone for each unit of television gained is an opportunity cost of a television.

Opportunity cost  = \frac{Units of Steel lost}{Units of Television gained}

Thus,

Opportunity cost of television for Japan = \frac{6}{3}  = 2

Opportunity cost of television for Korea = \frac{8}{2}  = 4

7 0
3 years ago
Guy​ Ferrell, a student who lives in the country​ Paragon, observes that analysts are cutting their growth forecasts for the eco
Rama09 [41]

The correct answer to this open question is the following.

The statement, if​ true, that would explain the​ analysts' predictions would be "the Producer Price Index has been steadily increasing over the past few months."

That is what would have been the factor that supports the forecast. Although inflation has been constant at low levels, what changed was the Producer Price Index that is moving up. This factor could modify the results despite inflation is stable at this moment. When inflation is high, it directly affects the price of goods and the consumer.

5 0
3 years ago
Other questions:
  • Western Company is preparing a cash budget for June. The company has $11,200 in cash at the beginning of June and anticipates $3
    15·1 answer
  • Discuss whether you agree with the following statement: “The problem with economics is that it assumes that consumers and firms
    7·1 answer
  • In an effort to yield a high percentage of transformed bacteria, you may choose to utilize electroporation to increase the proba
    15·1 answer
  • When interest rates are low, some automobile dealers offer loans at 0% APR, as indicated in a 2016 advertisement by a prominent
    11·1 answer
  • ​____________ are intended to change the level of reserves and the monetary base.
    11·2 answers
  • The shape of the ______________ involves a tradeoff between unemployment and inflation.
    7·1 answer
  • Use the information given below to answer the questions that follow.
    6·1 answer
  • Concord Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
    9·1 answer
  • At the output level defining allocative efficiency: Group of answer choices the maximum willingness to pay for the last unit of
    5·1 answer
  • on january 1 of year 1, congo express airways issued $3,400,000 of 7% bonds that pay interest semiannually on january 1 and july
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!