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Pani-rosa [81]
3 years ago
14

(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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how does money solve the problem of double coincidence of wants? explain with an example of your own.​
slega [8]

Answer:

Money is a medium of exchange and satisfaction of needs.

Explanation:

for instance:- if you want to eat ice cream ( which is your want). You give money to shopkeeper who sell money ( his want is money). You give him money in exchange of ice cream . In this way , double wants are satisfied.

4 0
3 years ago
Governments often implement price ceilings to protect consumers from the high prices of essential goods and services that freque
algol13

Price ceiling are measure employed by government to help the consumers by mandating a maximum price that the seller must charge for a product or service.

  • The measure of imposing price in market are rare but are notably used during natural disasters.

  • Price ceiling helps to prevent the producers from exploiting the consumers.

In conclusion, the major disadvantage of price ceiling is that when a price ceiling is set below the equilibrium price, the quantity demanded will exceed quantity supplied, thus, this will result to excess demand of goods and shortage in the market.

Learn more about Price ceiling here

<em>brainly.com/question/8868002</em>

7 0
3 years ago
What is the most frequently reported relational maintenance strategy?
inna [77]
The most frequently reported relational maintenance strategy is OPENNESS IN COMMUNICATION.
Relational maintenance strategies refers to the methods used by individuals to keep their relationships with other people alive. There are different types of relational maintenance strategy, these include: assurance, positivity, openness, sharing tasks and activities and social network.
8 0
3 years ago
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
4 years ago
Jane is not married and has no children she is 35 and owns here own home under which status is she most likely to file
uysha [10]

She would be most likely to file under SINGLE :)

Hope this helps

6 0
3 years ago
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