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Serhud [2]
3 years ago
15

a. ​the government should deal with unemployment and inflation. b. ​to eliminate the problem of scarce resources. c. ​to run a b

usiness. d. ​individuals can make money. e. ​individuals decide to use scarce resources in an attempt to satisfy their unlimited wants.
Business
1 answer:
dusya [7]3 years ago
7 0

Answer:

The correct answer is E. Individuals decide to use scarce resources in an attempt to satisfy their unlimited wants

Explanation:

Economics is a social science that studies how to manage the resources available to meet human needs. In addition, it also studies the behavior and actions of human beings.

Since the planet's resources are scarce and unfortunately, not everyone can dispose of everything, we are forced to manage those assets to get what we need. Economic science involves the decision making of individuals, organizations and states to allocate these scarce resources.

The economy also focuses on the behavior of individuals, their interaction with certain events and the effect they produce on their environment. For example, the effect they produce on prices, production, wealth or consumption, among others. It is a social science because it studies human activity and behavior, which is a highly dynamic object of study. Humans are unpredictable.

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Robinson Manufacturing found the following information in its accounting​ records: $ 519 comma 800 of direct materials​ used, $
Damm [24]

Answer:

Cost of good manufactured=  $1507100

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= 72400

Direct materials = beginning inventory + purchase - ending inventory= 519800

Direct labor= 226700

Manufactured overhead= 775800

Ending work in progress= 87600

Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100

5 0
4 years ago
If the variable costs of producing two books are $100, what is the marginal cost of producing one more book?
Ierofanga [76]

Answer:Hi Martina, okie anyway Im taking the test rn too I just answered Tanya, its $25

Explanation:

1 book= 50

2 books= 100

100-50=50

Then 50/2=25

3 0
3 years ago
On September 21, 2017, Umbrella Company announced a 3 for 1 stock split. After the split, the company will have about 24.6 milli
Lady bird [3.3K]

Answer:

vbnmm

Explanation:

5 0
3 years ago
Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n
Katyanochek1 [597]

Answer:

Option (c) is correct.

Explanation:

Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.

Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.

3 0
4 years ago
Would you rather be in charge of a product or work as a part of a team?
ivolga24 [154]

Answer:

work as part of a team

6 0
3 years ago
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