1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
azamat
2 years ago
5

Which of the following best explains why resources need to be allocated in the game of economic? A) Natural resources are often

found in places far from where they are used for production. B) There are always different production methods for the same goods and services. C) There are not enough resources to produce all of the good and services that everyone wants. D) If sufficent resources are not set aside for future production, scarcity cannot be eliminated. THE ANSWER IS C!!!!!!
Business
1 answer:
Sladkaya [172]2 years ago
3 0

Answer:

The best explanation for the need to allocate resources in the game of economics is that:

C) There are not enough resources to produce all of the goods and services that everyone wants.

Explanation:

In economics, it has been established that human needs are insatiable and that the resources to meet the needs are not readily and sufficiently available.  This is the bedrock of Economics.  It is the reason that Economics is studied as a separate course.  Scarcity and needs are important concepts in human interactions.  Therefore, the ability to allocate scarce resources to enable the production of goods and services is key to human development.

You might be interested in
Public domain which group of consumers would find this ad offensive? middle class homemakers small business owners assembly line
RSB [31]
I believe it's B but I am not positive. I'm taking the test right now.
8 0
2 years ago
Refer to the data for Pennewell Publishing Inc. (PP). Assume that PP is considering changing from its original capital structure
Mnenie [13.5K]

Answer:

$57.69 per share

Explanation:

The computation of the  stock price per share immediately after issuing the debt but prior to the repurchase is shown below

Price per share = Value of equity ÷ number of Shares

where,

Value of equity is

= Value of operations + T-bills value - Debt value

= $576,923 + $259,615 - $259,615

= $576,923

And, the number of shares is 10,000 shares

So, the price per share is

= $576,923 ÷ 10,000 shares

= $57.69 per share

We simply applied the above formula

6 0
3 years ago
On January​ 1, 2018,​ Jordan, Inc. acquired a machine for $ 1 comma 040 comma 000. The estimated useful life of the asset is fiv
romanna [79]

Answer:

Annual depreciation= $197,000

Explanation:

Giving the following information:

Purchasing price= $1,040,000

Residual value= $55,000

Useful life in years= 5

<u>Under the straight-line method, the annual depreciation is the same during the useful life of the machine. To calculate the annual depreciation, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,040,000 - 55,000)/5= $197,000

4 0
2 years ago
Read 2 more answers
Explain the concept of sales management by objectives (SMBO). Discuss how to monitor and control sales.
alexdok [17]

Answer:

im not sure

Explanation:

ur welcome

5 0
3 years ago
list some financial information you'd like to learn about and why is it important for building your financial future?​
Katyanochek1 [597]

Answer:

Firstly, I would like to decide I want to be self-employed or go for a job. Then I will find the plus point of each of the above. I will find in deep the benefits, and then decide which to choose. However, my interest will be the first thing to think of while selecting one out of the two. Then I will find what type of loans can I get, or how to find the investors if I opt for self-employment and hence business, And then I will decide which type of business to start like as a sole proprietor or public-private or various others. Then I will find the tax-related details. Also what tax benefits I will be getting if I opt for a job or self-employment. Thus, I now end up with all important financial details, however, I will also study a nit of accounts if I opt for self-employment.

All the above are important for building a financial future as without this information we cannot complete our financial activities, Like if we do not have the tax information, we will not be able to fill our taxes properly no matter we are self-employed or doing a job. Also for self-employment and our own business, we need investment, and for that, we need to find out the investors, Also we need to find out the loans that are available to us as then only we will be able to arrange money when required. And we need to know what is right for us, self-employment or a job.

Explanation:

Please check the answer.

7 0
3 years ago
Other questions:
  • What Is technical report
    10·2 answers
  • XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was
    14·2 answers
  • The Goliath Inc. decides to pay the following dividends over the next three years: $2, $2.6, and $3.38. Thereafter, the company
    9·2 answers
  • Halliford Corporation expects to have earnings this coming year of per share. Halliford plans to retain all of its earnings for
    14·1 answer
  • Road Hazards has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bon
    10·1 answer
  • Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan.
    12·2 answers
  • How will the depreciation of the Japanese Yen vis-à-vis the USD impact FDI from U.S. into Japan?
    12·1 answer
  • A dressmaker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labor. Another dressmaker can sew 400 garments wit
    11·1 answer
  • Define your seven weakness and seven strengths with reason
    9·1 answer
  • Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!