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3 years ago

Without a_________to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist societies.

1 answer:

7 0

Without a REGULATION to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist stories.

Explanation:

Scarcity in any area, can arise/occur in a place where the resources are not enough due to rapid increase in population.
For example, with an entire nation dependent on its primary economy - agriculture - soil, water and land become scarce within less time before any action/rule can be imposed.
Demand-supply, structural induced scarcity are the two types that can occur commonly.
Here, in a Collectivist society where, a group/culture/community on a whole is taken into account rather an individual alone, scarcity can be observed in wide range.
<em>If there is no limit regulated on how much an individual can own or work on, the middle economic and lower economic class will fall into below poverty line.</em> To enhance their livelihood and improve the economy of a nation, a regulation to govern resources is necessary.

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Ortein, a shoe manufacturing company, wanted to cut costs and hence laid off half its employees from two of its departments. It

jonny [76]

Answer:

b) synergy

Explanation:

Synergy -

It describes the benefit gain by strategically organizing itself to maximize innovation and cooperation .

These organization with synergic approach achieves more as a group than with individual .

hence , in the question , the approach shown by the Ortein company is an example of b) synergy .

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3 years ago

A statistic is said to be unbiased if:

neonofarm [45]

B. The mean of its sampling distribution is equal to the true value of the parameter being estimated

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3 years ago

A friend asks you what sort of interest-simple or compound- is better. What would your answer be, and why?

Bas_tet [7]

Answer:

Compound interest is better than simple interest

Explanation:

Compound interest is better than simple interest especially when it comes to investing. Funds grow at a faster rate in compound interest than simple interest.

Simple interest is the interest on only the principal while compound interest is the interest on principal and on the previous accumulated interest (that is, interest on interest).

The formula for simple interest is:

P x r x t

Where P is the principal

r is the interest rate

t in the time.

For compound interest:

A=P(1+r/n)^nt.

A is the amount after compounding.

P is the principal.

r is the interest rate

n is the number of times interest compounds(adds up) per year

t is the number of years.

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3 years ago

You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of 1.25 percent per year,

lana66690 [7]

Answer:

$793.70

Explanation:

The computation is shown below:

At introductory rate

The rate is 17.8% per year

And, in monthly, the rate would be

= 1.25% ÷ 12 months

= 1.4833%

Time is 6 months

Amount after 6 month would be

= Balance × (1 + interest rate)^ time period

= $8,000 × (1 + 0.1042%)^6

= $8,050.15

The interest after 6 month is

= $8,050.15 - $8,000

= $50.15

Now for increase rate to 17.8%

The rate is 17.8% per year

And, in monthly, the rate would be

= 17.8% ÷ 12 months

= 1.4833%

Time is 6 months

Amount after 6 month would be

= Balance × (1 + interest rate)^ time period

= $8,050.14 × (1 + 1.4833%)^6

= $8,793.70

The interest after 6 month is

= $8793.70 - $8,050.15

= $743.55

So, the total interest would be

= $50.15 + $743.55

= $793.70

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3 years ago

The December 31, Year 1, financial statements of Edwards Co. (a privately held company) were available to be issued on March 1,

Leno4ka [110]

Because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements

A Footnote is a section for financial disclosure that shows how the numbers in the statement of financial position and cash flow statements were determined.

Here, there are various stocks in Edward Company which were issued in the accounting year.

Hence, because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements