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3 years ago

(01.02 MC)

Business

1 answer:

mart [117]3 years ago

8 0

Answer:Ob

---ways people obtain their wants with limited resources

Explanation:

Economics as defined by Lionel Robbins is the science that studies human behavior as a relationship between ends and scarce means which have alternative uses.

The economy generally is filled with people having unlimited wants but the resources( land, labour, capital and enterpreneur) to satisfying these wants are Limited and scarce . Economics studies how the society (government and businesses)use these scarce resources to satisfy or meet its unlimited wants by providing variety of goods and services from the scarce resources so that people can have choices to choose from in satisfying their limitless wants in order of preferences.

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The answer to your question would be false

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4 years ago

Which of the following set the first minimum wage? The Taft-Hartley Act of 1947 The AFL-CIO The Norris-LaGuardia Act of 1932 The

lara31 [8.8K]

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4 years ago

Listed below are accounts to use for transactions (a) through (1), each identified by a number. Following this list are the tran

Furkat [3]

Answer:

The accounts to use for transactions is shown below. it also indicates which transaction is placed either in the debit or credit side.

Explanation:

Solution

Accounts Debited Accounts Credited

a. Utilities Expense Utilities Payable

b. Utilities Payable Cash

c. Prepared insurance Cash

d. Insurance Expense Prepared insurance

e. Cash Unearned Cash

f Unearned Fees Fees Earned

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h Cash Notes Payable

i Interest Expense Interest Payable

j Depreciation Expense-Office

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7 0

4 years ago

homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero points or at a rate of 5.5 perce

monitta

Answer:

the NPV of paying the points = $7,619.31

Explanation:

if the homeowner gets the loan at 6%, his/her monthly payment = $1,498.88

the present value of the 360 monthly payments at 6% is $250,000

if the homeowner gets the loan at 5.5%, his/her monthly payment = $1,419.47

in order to compare both loans, I will discount the 360 payments by 6%, instead of 5.5%:

PV = $1,419.47 x 166.79161 (PV annuity factor, 0.5%, 360 periods) = $236,755.69

the NPV of paying the points = -($250,000 x 2.25%) - $236,755.69 + $250,000 = $7,619.31

3 0

3 years ago

Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant

8_murik_8 [283]

Answer:

150,000 Shares

70$ per share

Explanation:

Stock split at a rate of 3 for 1 means that holder of every 1 share will have total 3 shares after the split (e.g. he will receive additional two shares for each share he owns). Thus Copper Grill Restaurant Corporation's total shares will increase from 50,000 to 150,000 (50,000 * 3).

Per share price will be divided by 3 to arrive at approximate value of per share after the split (210 / 3) = $70 / per share.

6 0

4 years ago