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3 years ago

Resources are limited in _________?

Business

1 answer:

Vika [28.1K]3 years ago

5 0

Answer:

A basic condition of nature which means that the quantities of available labor, capital, land and entrepreneurship used for the production of goods and services are finite. It means that the economy has only so many resources that can be used AT ANY GIVEN TIME time to produce goods and services.

Explanation:

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SCORE mentors are not as capable as paid consultants when planning your new business.

yuradex [85]

False. Mentors who've been in a business for a long time are just as good if not better sometimes than paid consultants.

7 0

3 years ago

Read 2 more answers

A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is

gayaneshka [121]

A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called planning bill.

<h3>What is a planning bill?</h3>

This is the term that is used to refer to the group of items that are in a material format bill that would carry the reflection of the way that materials are sold and not the way that it is built. It helps to check for the possible options and the features.

A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called planning bill.

Read more on planning bill here: brainly.com/question/25811779

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6 0

2 years ago

A _____ is a legal business entity that offers limited liability to all of its owners.

Serhud [2]

The answer is company

4 0

4 years ago

Ms. Colonial has just taken out a $150,000 mortgage at an interest rate of 6 percent per year. If the mortgage calls for equal m

goblinko [34]

Answer:

1. The monthly payment is:

= $1,074.65

2. To solve this without a financial calculator, you will calculate the future value of the $150,000 at a discount rate of 0.5% (6%/12) for 240 months. Then the calculated Future Value is divided by 240 to obtain the monthly payment.

Explanation:

a) Data and Calculations:

Mortgage = $150,000

Interest rate = 6% per year

Monthly payments = 240 (20 * 12)

Period of mortgage = 20 years

N (# of periods) 240

I/Y (Interest per year) 6

PV (Present Value) 150000

FV (Future Value) 0

Results

PMT = $1,074.65

Sum of all periodic payments = $257,915.18

Total Interest = $107,915.18

Without a financial calculator (using future value table):

Future value factor of 0.5% for 240 = 1.7194345

Future value of $150,000 = $257,915.18 ($150,000 * 1.7194345)

Monthly payment = $1,074.65 ($257,915/18/240)

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3 years ago

President of the United States promises to produce more defense goods without any decreases in the production of other goods. Th

anastassius [24]

Answer:

The correct answer is option b.

Explanation:

A production possibilities frontier shows the maximum possible bundles of two goods that an economy can produce using its given resources and level of technology.

Because of the scarcity of resources, the production of a good can be increased only by decreasing the production of the other good.

It is possible to increase the production of a good without reducing the production of the other only if the economy is producing at a point below the production possibilities curve.

8 0

4 years ago