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3 years ago

Economists believe that scarcity is

Business

2 answers:

krek1111 [17]3 years ago

8 0

Answer:

Scarcity refers to the basic economic problem, the gap between limited that is, scarce resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.

HOPE THIS HELPED!!!!!!!!!!XDDDDD

vesna_86 [32]3 years ago

7 0

Answer: Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts on a wide variety of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, and employment levels, among others. Therefore, they would believe that scarcity is how societies use scarce resources to produce valuable commodities and distribute them among different people (refers to the basic economic problem; the gap between limited sources).

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Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to

nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = 6,000 room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then OUTSOURCING (Duffy's Maid Service) is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service INSOURCING (doing it himself).

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

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3 years ago

Net requirements for component J are as follows: 60 units in week 2, 40 units in week 3, and 60 units in week 5. If a fixed-peri

agasfer [191]

Answer:

e. none of the choices.

Explanation:

Based on the scenario being described within the question it can be said that none of the choices are correct because this method focuses on obtaining an order quantity by fixing the quantity for a certain period of time, and calculating the total quantity of Net Requirements within the period. Therefore since the first week and week 4 are missing then none of these are correct, and since the information is not provided by choice answer d. is wrong too.

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3 years ago

Sarah meeham blends coffee for tasti-delight. She needs to prepare 160160 pounds of blended coffee beans selling for $4.834.83

Kruka [31]

6.256.25 + 3.003.00 = 625628003

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2 years ago

Lee Kwon is a Korean worker who has been transferred by his company to the United States for six months to negotiate a supplier

Greeley [361]

Answer:

high-context culture

Explanation:

A high-context culture is a form of communicating with people in which the language and its rules play a very blurred role. The communication is primarily executed through the use of contextual elements like the language of the body, the tone used. Only the required information is set out for communication and the verbal expressions are kept aside. The members focus primarily on interpersonal relationships.

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3 years ago

Cooper Law Offices has the following source document from one of its suppliers: Allen Office Supplies Description Quantity Price

garik1379 [7]

Answer:

Debit Supplies; Credit Accounts Payable for $2,700

Explanation:

Calculation to determine What should Cooper record on the date of the purchase

Based on the information given since the TOTAL OFFICE SUPPLIES is the amount of $2,700 calculated as Legal paper $1,500+ Ink cartridge $1,200 which means that the appropriate journal entry that Cooper should record on the date of the purchase will be :

Debit Supplies $2,700

Credit Accounts Payable $2,700

($1,500+$1,200)

(To record office Supplies)

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3 years ago