All categories

4 years ago

Which of the following accurately explains why scarcity forces individuals and society to incur opportunity costs?

Business

1 answer:

quester [9]4 years ago

8 0

Answer: A

Explanation: Somewhat; The conquest and colonization of the Americas is a better example.

You might be interested in

he Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .52 and a cu

MakcuM [25]

Answer:

Current Ratio = Current Assets / Current Liabilities

1.41 = Current Assets / 2,465

Current Assets = $3,475.65

Return on Equity= Net Income / Shareholders' Equity

Net Income = $10,675 * 9%

Net Income = $960.75

0.14 = 960.75 / Shareholders' Equity

Shareholders' Equity = $6,862.50

Long Term Debt Ratio = Long Term Debt / (Long Term Debt + Equity)

Let the Long Term Debt be "x"

0.52 = x / (x + 6,862.50)

0.52x + $3,568.50 = x

0.48x = $3,568.50

x = $7,434.38

Long-term Debt = $7,434.38

So, Total Assets = Current Liabilities + Long-term Debt + Stockholders' Equity

Total Assets = $2,465 + $7,434.38 + $6,862.50

Total Assets = $16,761.88

Total Assets = Current Assets + Net Fixed Assets

$16,761.88 = $3,475.65 + Net Fixed Assets

Net Fixed Assets = $13,286.23

7 0

4 years ago

What benefits were derived from the Seattle supersonics move to Oklahoma?

Lesechka [4]

Answer: they got better land, and firtile soil

Explanation:

7 0

3 years ago

Read 2 more answers

Because a decrease in real autonomous spending results in a ________ in the price level, the ultimate effect on real gdp is ____

KIM [24]

Because a decrease in real autonomous spending results in a fall in the price level, the ultimate effect on real GDP is smaller that predicted by the multiplier.

Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).

Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.

Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.

In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.

To learn more about Keynesian here

brainly.com/question/17247821

#SPJ4

7 0

2 years ago

If a client chooses to pay premiums other than annually, what can he or she expect?

Semenov [28]

Answer:

More payment

Explanation:

In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium

6 0

4 years ago

Merchandise with an invoice price of $6,000 is purchased on september 2 subject to terms of 2/10, n/30, fob destination. freight

Harlamova29_29 [7]

Given:
invoice price of $6,000 is purchased on September 2 subject to terms of 2/10, n/30, fob destination.
freight costs paid by the seller totaled $200
Payment is made on September 12.

The payment is net of discount because September 12 is still within the discount term of 10 days.

6,000 x 2% = 120
6,000 - 120 = 5,880

The required payment if paid on September 12 is 5,880.

The freight cost paid by the seller is recognized by the seller as an expense. The buyer does not need to refund said freight cost because the ownership of the merchandise has not yet been transferred to the buyer. FOB destination means that the transfer of ownership from seller to buyer happens when the merchandise arrives at its destination or buyers address.

3 0

4 years ago