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fomenos
3 years ago
10

What are the three basic questions faced by every economy

Business
2 answers:
Likurg_2 [28]3 years ago
5 0

The three basic questions asked are:

1. What goods and services should be produced?

This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.

2. How should we produce them?

This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.

3. Who are the consumers?

This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.

Hope this helped!

~Just a girl in love with Shawn Mendes

avanturin [10]3 years ago
3 0

Answer:

  1. In economies they are 2.
  2. First.
<h2><em><u>Presidential</u></em><em><u>:</u></em><em><u> </u></em><em><u>1</u></em><em><u>)</u></em><em><u>A</u></em><em><u> </u></em><em><u>manifesto</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>keep</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>citizens</u></em><em><u> </u></em><em><u>vote</u></em><em><u>.</u></em></h2>

<em><u>2</u></em><em><u>)</u></em><em><u> </u></em><em><u>Situations</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>curb</u></em><em><u>.</u></em>

<em><u>3</u></em><em><u>.</u></em><em><u>)</u></em><em><u>Employment</u></em><em><u>.</u></em><em><u>.</u></em>

<h2><em><u>Business</u></em><em><u>:</u></em></h2>

<em><u>1</u></em><em><u>)</u></em><em><u> </u></em><em><u>Sociable</u></em><em><u> </u></em><em><u>workers</u></em>

<em><u>Goods</u></em><em><u> </u></em><em><u>and</u></em><em><u> </u></em><em><u>services</u></em>

<em><u>Consumers</u></em><em><u> </u></em><em><u>or</u></em><em><u> </u></em><em><u>buyers</u></em><em><u>.</u></em>

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Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company
KIM [24]

A minimum wage can purpose advantage and disadvantage  price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.

Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.

Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.

A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.

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1 year ago
Write down any four techniques that you can practice to become an effective listener.
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2 years ago
Read 2 more answers
Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u
Allushta [10]

Answer:

The variable costing unit product cost was <u>$69.</u>

Explanation:

Variable Product Costing is a situation whereby only the variable costs of production is taking into account to estimating the cost per unit of a product. This implies that none of the fixed cost will be included in the cost of the product.

Based on the explanation above, the variable costing unit product cost to produce a single product by Kray Inc. can be calculated as follows:

Kray Inc.

Calculation of Variable Costing Unit Product Cost

<u>Particulars                                                          Amount ($)     </u>

Direct materials                                                        40

Direct labor                                                               19

Variable manufacturing overhead                           8

Variable selling and administrative expense     <u>     2      </u>

Variable cost per unit                                          <u>     69     </u>

Therefore, the variable costing unit product cost was <u>$69.</u>

5 0
3 years ago
Which of the following questions would be permissible to ask during an interview with a candidate who is in a wheelchair?
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Answer:

A

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3 0
3 years ago
Rodgers and Winter had capital balances of $60,000 and $90,000, respectively, at the beginning of the current fiscal year. The a
Bas_tet [7]

Answer:

A) Net income $110,000    

                                              Rodgers                Winter

Salary allowance                  $25,000                $30,000

interest allowance                  $7,200                 $10,800  

(12% of capital)                

<u>split renaming income          $18,500                 $18,500  </u>

net income                            $50,700                $59,300

B) Net income $65,000    

                                              Rodgers                Winter

Salary allowance                  $25,000                $30,000

interest allowance                  $4,000                  $6,000  

(40% of remaining income

<u>to Rodgers and 60% to Winter)                                            </u>      

net income                            $29,000                $36,000

4 0
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