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3 years ago

What gives rise to the problem of scarcity?

Business

1 answer:

horsena [70]3 years ago

5 0

Answer: I honestly have no idea im just stupid and i need points so yea im sry bye

Explanation:

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In the following table, determine how each event affects the position of the long-run aggregate supply (LRAS) curve.

Soloha48 [4]

Answer:

Will increase the labor force and the productive ability of the economy, which will shift the LRAS curve to the right.
Will increase the price of oil and its subproducts (gas, plastic, etc.), which will shift the LRAS curve to the left.
Will increase the productivity of the labor force, which will shift the LRAS curve to the right.

5 0

3 years ago

You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use

Marysya12 [62]

Answer:

1. In option (a), the dealer would charge $18,213.54.

b. In present value terms, the one-time payment (option (b) is a better deal for the purchaser.

Explanation:

a) Data and Calculations:

Monthly payment for a used car = $620

Payment period = 20 months

Additional payment at the end of 20 months = $12,000

Annual interest rate = 24%

One-time payment for the car purchase = $16,864

From an online financial calculator, the present value of the payments is:

N (# of periods) 20

I/Y (Interest per year) 24

PMT (Periodic Payment) 620

FV (Future Value) 12000

Results

PV = $18,213.54

Sum of all periodic payments = $12,400.00

Total Interest = $6,186.46

3 0

3 years ago

Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair

erastovalidia [21]

Given :

Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.

To Find :

What is Bud's recognized gain or loss.

Solution :

This is a transaction of like kind exchange.

So, gain or loss to be recognized is :

$= ( 28000+2000) - 28000\\\\=\$ 2000$

Therefore, option B) is correct.

6 0

3 years ago

Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,360,000 (240,00

mixer [17]

Answer:

Option (C) is correct.

Explanation:

Given that,

Estimated overhead cost = $1,540,000

Estimated direct labors (in dollars) = $3,360,000

Estimated direct labor hours = 240,000

Actual overhead cost = $1,240,000

Predetermined overhead rate:

= Estimated overhead cost ÷ Estimated direct labor hours

= $1,540,000 ÷ 240,000

= $6.42 per direct labor hour

6 0

3 years ago

Suppose the central bank implements expansionary monetary policy where the money supply increases. Which of the following will t

natka813 [3]

Answer:

D they both will increase

Explanation:

Goodluck on that.

4 0

2 years ago

What gives rise to the problem of scarcity?​

What gives rise to the problem of scarcity?