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kicyunya [14]
3 years ago
5

The economizing problem faced by a society is Question 73 options: A) a consequence of the fact that productive resources are sc

arce relative to economic wants. B) that product prices often rise more rapidly than incomes of consumers. C) to establish prices that are fair for both producers and consumers. D) to achieve a more equitable distribution of income in the society.
Business
1 answer:
KATRIN_1 [288]3 years ago
4 0

Answer:

A) a consequence of the fact that productive resources are scarce relative to economic wants

Explanation:

The economizing problem faced by a society refers to the fact that people's desires of products and services are unlimited but the resources that are  used to produce them like capital and labor are limited. According to this, the answer is that the economizing problem faced by a society is a consequence of the fact that productive resources are scarce relative to economic wants.

The other options are not right because the economizing problem faced by a society is about consumers desires and the availability of resources, it doesn't refer to product prices or incomes.

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Why South Africa as a country has a shortage skilled workers​
kirza4 [7]

Answer:

The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.

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2 years ago
Question 14 of 20
charle [14.2K]

Answer:

C

Explanation:

8 0
3 years ago
Beball camp example covered in the class, let's assume the segment size is 9000, price per participant is $90, frequency is 1, v
stealth61 [152]

Answer:

<u>The correct answer is D. About 1.37%</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Segment size = 9,000

Number of participants in the camp = x

Total Fixed Cost (TFC) = $ 9,000  

Variable Cost per Person = $ 5  

Price per Person = $ 90

Profit = $ 1,500

2. Based on the assumption provided above, what percentage of the segment should participate if the program wants to make $1500 profit?

We can calculate the variable cost, this way:

Total Variable Cost = Variable cost per person * Number of participants

Total Variable Cost = $ 5 * x

Total Variable Cost = $ 5x

We can calculate the total cost of the program, this way:

Total Cost of the program = Total Variable cost + Total Fixed Cost  

Total Cost of the program = $ 5x+ $ 9,000

Total cost of the program = $ 9,000 + 5x

We can calculate the revenue of the program, this way:

Total revenue of the program = Price per person * Number of participants + Profit

Total revenue of the program = $ 90 * x + $ 1,500

Total revenue of the program = $ 90x + $ 1,500

For Break-even:

Total Variable cost + Total Fixed Cost = Price per person * Number of participants

Replacing with the values we know and solving for x:

9,000 + 5x =  90x

5x - 90x = - 9,000  (Like terms)

-85x = -9,000

x =  -9,000/-85

x = 106 (rounding to the next whole)

For $ 1,500 of profits:

Number of participants at break-even + Profits/Price per participant

106 + 1,500/90 = 106 + 16.7 = 123

123/1,500 = 0.0137 = 1.37% (Rounding to two decimal places)

<u>The correct answer is D. About 1.37%</u>

5 0
3 years ago
TL Company has expected earnings of $75 in one year if it does well and $25 if it does poorly. The firm has outstanding debt of
Juliette [100K]

Answer:$27.78

Explanation:

Expected value of debt after one year = (40* .60)+(15*.40)

= 24 + 6

=$ 30

Current value of debt = Value at 1year / (1+r)^n

= 30/ (1+.08)^1

= 30 / 1.08

=$ 27.78

3 0
3 years ago
Same company as in RA 5.3: Stock price of $42, earnings of $2.12 per share during the last twelve months, forecasted earnings of
luda_lava [24]

Answer:

P/E ratio = $14.78

Explanation:

Market value per share = $42

earning per share = $ 2.84

As we know that:

           Price earning ratio = market value per share / earning per share

                                         =  $42 / 2.84

                                          = $14.78

      Price earning ratio is an indicator to investor whether to invest in this company long term or not.

6 0
3 years ago
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