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blondinia [14]
3 years ago
5

What is economics as a social science​

Business
2 answers:
BlackZzzverrR [31]3 years ago
6 0

The empirical study of the possession, use, and exchange of scarce resources is known as economics, or scarcity science. Since it employs scientific methods to develop ideas that can better explain the behavior of individuals, communities, and organizations, economics is considered a social science.

almond37 [142]3 years ago
5 0
Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations. If this helps can i get brainlest
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With regard to the factors of production, "land" refers to which of these?
Orlov [11]
A) because that is they only one that actually makes sense
6 0
3 years ago
Theodosia was laid off from her last job. What should she put on her next application as her reason for leaving that job?
OleMash [197]

Answer:

O Downsizing

Explanation:

A lay off happens when the employer has closed down, has changed locations, or when there is not sufficient work for all the employees. A layoff is not caused by an employee's fault.

Downsizing refers to scaling down of operation. When a company downsizes, some of the employees will be laid off. Theodosia should mention she was laid off in her next application. The potential employer will realize that she wasn't at fault at her previous workplace.

8 0
3 years ago
When a US company purchases and imports wood from Brazil to use to build new houses, within the United States, this purchase inc
Mariana [72]

Answer:

The correct answer is 2. No overall change.

Explanation:

The aggregate demand is the total goods and services demanded by a country, at a certain price level, in a certain period of time.

The aggregate demand that can be accounted for measures exactly the same as GDP. So they are often used as synonyms.

To calculate aggregate demand, the same methods as for calculating GDP can be used, however, aggregate demand is associated with expenditure, so it is calculated by the product method, that is, from the point of view of what society has spent. This calculation takes into account the expenditure of families (private individuals), what has been spent on investment, the cost of public administrations, and finally, net exports, which is the difference between imports and exports In this way, the Aggregate Demand formula would look like this:

DA = C + I + G + (X-M)

3 0
3 years ago
Bates Company plans to add a new item to its line of consumer product offerings. Two possible products are under consideration.
ivolga24 [154]

Answer:

differential revenue = $7

so correct option is a.$7

Explanation:

given data

Product A costs = $6

contribution margin = $3

Product B costs = $12

contribution margin = $4

to find out

the differential revenue for this decision

solution

we get here the differential revenue for this decision that is express

so first we get here selling price for both product that is

selling price product A = Product A costs + contribution margin

selling price product A  = $6 + $3 = $9

and

selling price product B   = $12 + $4 = $16

so now we get differential revenue that is

differential revenue = selling price product B - selling price product A

differential revenue = $16 - $9

differential revenue = $7

so correct option is a.$7

4 0
3 years ago
The interest rate that should be used when evaluating a capital investment project is sometimes called the ______________. i. in
OlgaM077 [116]

The interest rate that should be used when evaluating a capital investment project is sometimes called the appropriate discount rate and cost of capital.

The cost of capital refers to the minimum rate of return needed from an investment to make it worthwhile, whereas the discount rate is the rate used to discount the future cash flows from an investment to the present value to determine if an investment will be profitable. Appropriate Discount Rate means, at any time, the real (i.e., not inflation adjusted) weighted average cost of capital (after taxes payable by the concession business).

Cost of Capital = (Risk-Free Rate of Return + Credit Spread) × (1 – Tax Rate)

To know more about cost of capital here

brainly.com/question/16031467

#SPJ4

3 0
2 years ago
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