All categories

3 years ago

Which situation creates scarcity in an economy?

Business

1 answer:

scZoUnD [109]3 years ago

4 0

Answer:

C. Citizens have more wants than they can fulfill with their available resources.

Explanation:

Correct for APEX

You might be interested in

Hor to attract teenagers to go to shopping mall (no discounting)

Radda [10]

Hello!

Often people put up signs that, that person likes and is interested in. People also can bargain with a person. So if they are leaving because they think the product is to high of a price for them, then you can tell them you can lower the price.

( word of advice, this is a last resort option)

I hope it helps!

6 0

3 years ago

Read 2 more answers

Những nhân tố ảnh hưởng đến hành vi mua hàng của người tiêu dùng là gì

sergey [27]

Nhận thức, động cơ, học tập, niềm tin và thái độ là tất cả các yếu tố tâm lý ảnh hưởng đến việc mua hàng của người tiêu dùng. Quá trình mọi người lựa chọn và giải thích thông tin để đưa ra quyết định mua hàng được gọi là nhận thức.

8 0

2 years ago

One place where the average viewer is likely to be exposed to avant-garde cinema (or at least its influence) is in:

Liono4ka [1.6K]

A place by which an average viewer is likely to be exposed to an avant-garde cinema or at least its influence is in commercials. Commercials are defined as something that is being showed or viewed in radio advertisement or television by which it emphasizes a message that can be done through acting or any sort of activity that promotes something.

8 0

3 years ago

The financial reporting for private not-for-profit entities primarily focuses on: Multiple Choice basic information for the orga

Romashka [77]

Answer: basic information for the organization as a whole.

Explanation:

Private Not-for-profit organization as the term implies, are not operating to make a profit therefore their financial statements will generally not include measures that are aimed at showing profit like profit making organizations.

They will instead focus on talking about the entire organization as whole and what it has done so far in the current period. This is what is required of them by U.S. GAAP.

7 0

3 years ago

Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating l

Alex

Answer: 1. Degree of Operating Leverage = 4

2. $384,000

Explanation:

1. Degree of Operating Leverage is calculated by dividing the Contribution margin by the Net Operating income.

Now, the Contribution margin is the difference between Price and Variable Cost. This means that if you remove fixed costs from it as well you get your profit.

Therefore 1. can be calculated thus,

Degree of Operating Leverage = Contribution Margin / Net Operating income

Degree of Operating Leverage = 960,000 / 960,000 - 720,000

Degree of Operating Leverage = 4

2. When Sales increases by a certain percentage we multiply that percentage by the Degree of Operating Leverage to find out how much Income will increase by.

Because sales went up by 15%, Singh Co. can expect that income would rise by,

= 15% * 4

= 60%.

Now income is Contribution margin - fixed costs so we have,

Income = 960,000 - 720,000

Income = $240,000

An increase of 60% would be

= 240,000( 1+ 60%)

=$384,000

$384,000 is the amount of income that Singh Co. can expect.

4 0

3 years ago