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AlladinOne [14]
2 years ago
14

Most resources are nonrenewable, and wants and needs are limited. This is an example of?

Business
1 answer:
dimulka [17.4K]2 years ago
3 0

Answer:

scarcity.

Explanation:

Scarcity can be defined as an economical problem that gives the relationship between non-renewable (limited) resources and the limitless wants and needs of consumers.

Basically, it's very important that producers of goods and services make decisions that would help them on how to efficiently allocate scarce or limited resources, in order to meet the unending requirements, wants and needs of consumers.

In Economics, an example of scarcity is that most of the resources used for the manufacturing of finished goods and services are nonrenewable, and as a result, the wants and needs of the end users or consumers are limited. Thus, economists would advise that economies should decide on what to produce, how to produce, when to produce and for whom to produce due to the finite and limited nature of resources i.e the concept of scarcity.

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An employee is dissatisfied with the resolution of an ethical conflict with his supervisor at his place of employment. According
Greeley [361]

Answer: Contact the top level of the management who is not involve in the ethical conflict      

Explanation:

 According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.

 On the basis of the institute  management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.    

 Therefore, The given answer is the correct answer.    

     

7 0
2 years ago
Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual
11Alexandr11 [23.1K]

Answer:

                                                 LEWIS Co.

                           Flexible budget performance report

                                     For month ended May 31

                               Flexible budget  Actual results  Variances    Result

Sales                        $420,000           $435,000        $15,000         Fav

                                (1400*$300)

Variable expense    $168,000           $172,000           $4,000         Unfav

                                (1400*$120)

Contr. margin          $252,000          $263,000         $11,000         Fav

Fixed cost                $125,000            $122,000          $3,000          Fav

Net Income             $127,000            $141,000          $14,000         Fav

7 0
3 years ago
Why might a tissue such as the pancreas not be a good source to choose for the isolation?
DIA [1.3K]
LDH production is not associated with pancreatic cell secretions. Pancreas secretes the following pancreatic lipases to convert fats into lipoproteins and triglycerides.
7 0
3 years ago
A firm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (ATC) of $3. The
tatuchka [14]

Answer:

all are correct A, B and C

Explanation:

The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.

If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.

Therefore the firm would be losing money is they hire an extra worker.

In order to maximize the profit, the marginal cost = selling price.

5 0
2 years ago
Nueva Company reported the following pretax data for its first year of operations. Net sales 7,400 Cost of goods available for s
Ludmilka [50]

Answer:

Net Income $574

Explanation:

Calculation of Nueva's net income if it elects FIFO will be :

Net sales$7,400

Less Cost of goods sold ($4,806)

($5,610 − $804)

Gross profit 2,594

Operating expenses (1,638)

Income before taxes 956

(2,594-1,638)

Income tax 382.4

(40%×956)

Net income $574

(956-382.4)

Therefore the Nueva's net income if it elects FIFO would be $574

8 0
3 years ago
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