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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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What is the relationship between financial system and economy
pentagon [3]

Answer:

Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.

3 0
2 years ago
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A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a
Slav-nsk [51]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method to solve the question

d = 75 lbs/day 200 days per year

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6 0
3 years ago
Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?
Ivenika [448]

Answer:

the short term, unemployment rates would drop drastically.

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3 years ago
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One of your customers has just made a purchase in the amount of $23,200. You have agreed to payments of $445 per month and will
Alja [10]

Answer:

85.43 months

Explanation:

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Therefore the solution is:

$23,200 = $445[(1 − 1/1.0126^t) / .0126]

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3 0
3 years ago
Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.5
aksik [14]

Answer:

The bond is worth $651.59 today

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FV = $1000

N = 8

I/Y = 5.5%

Present Value = ?

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PV =  $1000 * (1.055)^-8

PV =  $1000 * 0.651599

PV = $651.59

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2 years ago
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