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Archy [21]
3 years ago
9

What is an example of the kinds of choices that person might have to make because of scarcity?

Business
1 answer:
Nostrana [21]3 years ago
6 0

Answer: Sharing food their homes giving out water and helping the sick as best as they can.

Explanation:

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What is the present role of the aicpa in the rule-making environment?
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AICPA: <span>The national professional organization of practicing Certified Public Accountants (CPAs), whose various committees and boards have been an important contributor to the development of GAAP.



</span>
6 0
3 years ago
The following data concerning the retail inventory method are taken from the financial records of Ivanhoe Company.
SSSSS [86.1K]

Answer:

B. $246,500

Explanation:

Retail Cost

Beginning inventory

$278,000 $201,000

Purchases

$1,280,000. $889,000

Freight-in

--- $23,500

Net markups

$78,700

Net markdown

$56,200

Sales

$1,334,000

Ending inventory at retail would be;

= Beginning inventory + Purchases + Net markups - Net markdowns - Sales

= $278,000 + $1,280,000 + $78,700 -

$56,200 - $1,334,000

=$246,500

5 0
3 years ago
First Simple Bank pays 6.4 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accoun
Ksju [112]

Answer:

i =0.050713..     or

approximately \ 5.0713..\%

Explanation:

Assume an investment of $1.00

First Simple Bank:

Amount after 6 years = 1 + PRT

= 1 + 1(0.064)(10)  

= 1.64

 

Complex Bank:

1*(1+i)^{10}  = 1.64

Take 10th root of both sides

( (1+i)^ {10})*(\frac{1}{10} ) = 1.64^{\frac{1}{10}}

1+i = 1.050713..

i =0.050713..

or

approximately \ 5.0713..\%

8 0
3 years ago
More and more schools are requiring students to wear uniforms. This means that more uniforms must be produced. Describe how the
timofeeve [1]

Answer:

The demand for uniforms Increase by shift to the right, it cause the price increase, therefore the supplies increase and move upward.

Explanation:

8 0
4 years ago
If a decrease in price from $2 to $1 causes an increase in quantity demanded from 100 to 120, using the midpoint method, price e
uysha [10]

Answer:

b. 0.27

Explanation:

3 0
3 years ago
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