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3 years ago

People are willing to pay a higher price if they believe that supplies are ______.

Business

2 answers:

UNO [17]3 years ago

6 0

Your answer is C for APEX

ratelena [41]3 years ago

4 0

C. Limited

If you have a small amount of product/resources that means that it is rare, and therefore more valuable.

For example, in the U.S. economy, there is a limited amount of currency, and that is what makes the currency valuable.

Or the better example, in a game like Minecraft, the resource "diamond ore," is only worth value to the player because it is a Limited resource, and it does not spawn often.

Hope this helps!

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Why are medical related professions and human resources important

strojnjashka [21]

Answer:

They Both deal with the Wellbeing of the Human Talent

Explanation:

While the medical profession deals with physical, and psychotherapy treatment of the human being and the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.

6 0

3 years ago

The cross-price elasticity of demand measures the absolute change in the quantity demanded of one good divided by the absolute c

lisov135 [29]

Answer:

percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.

Explanation:

Demand cross-elasticity is the measure of the relative change in the quantity demanded for a good or service (A) as a function of a certain relative change in the price of another good or service (B) considered to be a substitute for or complementary to the first (A). For example, how much would increase the amount of margarine demanded if there was an increase in the price of butter. The formula for calculating the cross elasticity of demand consists in dividing the relative change in the quantity demanded of a good divided by the relative change in the price of the substitute good.

7 0

3 years ago

Last month Laura saw the value of her stock portfolio rise by $20,000. This month sho saw the value of her portfolio decline by

Rudik [331]

Answer:

The correct option is D: the positive utility Laura received from seeing her portfolio value rise was less than the disutility she felt when its value declined.

Explanation:

Behavioral economics suggests that the pain felt when you lose $1000 is more than the joy you experience when you gain $1000 say in a lottery or any exercise without having to do any work from it. Thus this implies that positive utility is less than disutility in the case of Laura as depicted in the example.

6 0

3 years ago

The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

MrRissso [65]

The problem of bankruptcy is associated with the misuse of credit in the <u>borrowing</u> component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

To know more about financial planning, click here:-

brainly.com/question/21780268

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4 0

2 years ago

Grace is president of Mayweather Farm, one of the largest pork producers in the U.S. A business consultant tells Grace that if s

gizmo_the_mogwai [7]

Answer:

Explanation:

Milton Friedman had the belief that businesses has only one social responsibility and this involved the engaging in economic activities and using available resources that can cause increments in profits. Simply put Friedman believed that making profits should be the goal of businesses. And people should use resources they have available to increase their profits.

Following this, it would be advisable for Grace to follow the business consultants advice of injecting the pigs since it would then cause her less to run The business and still increase the gross profit from the farm by 20 percent more each year. This means an increment in profits.

3 0

4 years ago