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lina2011 [118]
3 years ago
6

What concept of scarcity refers to what idea​

Business
1 answer:
frozen [14]3 years ago
4 0

Answer:

D

Explanation:

people have limited resources to fufill their unlimited wants.

this one just sounded right to me.

sorry if this is wrong

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Knowledge Check 01 During the current year, Armstrong Corporation reported net income of $18 million and EPS of $5.00 per share.
Nutka1998 [239]

Answer:

PE ratio is 1

Explanation:

Price earning ratio determines the ratio of price of a share by the earning per share . It measures the times value which a investor pays for each $1 earning of the shares.

To calculate the price earning ratio at the end of the year, we will use the price of the share at the end of the year.

Price Earning Ratio = Market Price / Earning Per share

Price Earning Ratio = $5 / $5

Price Earning Ratio = 1 times

6 0
3 years ago
Read 2 more answers
One problem with government operation of monopolies is that?
Nataly [62]

One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.

<h3>What is a monopoly?</h3>

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.

An example of a monopoly is a utility company

Here is the complete question:

One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.

To learn more about monopolies, please check: brainly.com/question/10441375

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6 0
2 years ago
If the company also has $1,000 of petty cash on hand (recorded in a separate account), what total amount should the company repo
vredina [299]

Answer:

Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.

From the above question, the cash and cash equivalent balance as at April 30 is $1,000 plus all bank balances as at that date.

4 0
3 years ago
Which of the following is a characteristic of the 529 plan that makes it different from the Coverdell Education Saving Account?
BARSIC [14]
A: There is no age limit for disbursement of funds
3 0
3 years ago
Read 2 more answers
Avia Company sells a product for $150 per unit. Variable costs are $70 per unit, and fixed costs are $1200 per month. The compan
Leya [2.2K]

Answer:

$80 per unit

Explanation:

Data provided in the question:

Per unit selling cost of the product = $150

Per unit variable cost of the product = $70

Total fixed cost per month = $1200

Now,

The unit contribution margin is calculated as:

unit contribution margin = Selling price per unit - Variable cost per unit

Thus,

unit contribution margin = $150 - $70

or

unit contribution margin = $80 per unit

Hence,

The correct answer is option $80 per unit

4 0
3 years ago
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