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Alexeev081 [22]
3 years ago
6

Which option best describes the main behavior that economics studies?

Business
1 answer:
Ierofanga [76]3 years ago
3 0

Answer: People making choices based on their limited resources

Explanation:

The option best describes the main behavior that economics studies is People making choices based on their limited resources.

Economics is a social science subject which studies how humans behaves due to scarcity and due to the limited resources that are available.

As a result of limited resources, Individuals or economic agents have to make choices and choose the good or service that matters most to them. This is where opportunity cost comes in as other options are left and the best option is chosen.

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Ch.11 what are the four characteristics used to classify​ retailers?
Studentka2010 [4]
<span>There are four characteristics used to classify each retailer. These are used to satisfy each and every customer's needs. The first one is the type of merchandise they sell. Second is the level and type of customer service given. This is the type of merchandise sold at the retail store. The last characteristic is the price of the merchandise being sold at the retailer.</span>
7 0
3 years ago
Read 2 more answers
Which of the following is a law stating that customer service representatives must be aware of and trained to comply with all ap
Advocard [28]

Answer:

HIPAA, Privacy Rule

Explanation:

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8 0
3 years ago
Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 10,000 units fol
Shalnov [3]

Answer:

1. $240

2. 12.5%

3. $168.75

Explanation:

1. Total cost per unit = Variable cost per unit + Fixed cost Per unit

= $150 + $90

= $240

Where ;

Variable costs per unit = Direct material +Direct labor + Overhead + Selling

= $100 + $25 + $20 + $5

= $150 per unit

Fixed costs per unit = Total fixed cost / Number of units produced

= ($470,000 + $105,000 + $325,000) / 10,000 units

= $900,000 / 10,000

= $90 per unit

2. Mark up percentage on Total cost = Mark-up / Total cost *100

= $300,000 / $2,400,000 * 100

= 12.5%

Where;

Total cost = Total cost per unit * Number of units produced

= $240 * 10,000 units

= $2,400,000

3. Selling price = Total cost per unit + Mark up

= $150 + ($150 * 12.5%)

= $150 + $18.75

= $168.75

3 0
3 years ago
When consumers do not directly experience a reward or punishment to learn but instead observe the outcomes of others' behaviors
tekilochka [14]

When consumers do not directly experience a reward or punishment to learn but instead observe the outcomes of others' behaviors and adjust their own accordingly, the type of learning that has occurred is B. vicarious learning

<h3>What is Learning?</h3>

This refers to the process or situation where a person constantly improves himself by being taught new things.

Hence, we can see that when consumers do not directly experience a reward or punishment to learn but instead observe the outcomes of others' behaviors and adjust their own accordingly, the type of learning that has occurred is B. vicarious learning

Read more about vicarious learning here:

brainly.com/question/26573755

#SPJ4

8 0
1 year ago
The Graber Corporation’s common stock has a beta of 1.8. If the risk-free rate is 5.8 percent and the expected return on the mar
Murljashka [212]

Answer:

16.96%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5.8% + 1.8 × (12% - 5.8%)

= 5.8% + 1.8 × 6.2%

= 5.8% + 11.16%

= 16.96%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium

3 0
3 years ago
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