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
blondinia [14]
2 years ago
5

What is economics as a social science​

Business
2 answers:
BlackZzzverrR [31]2 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]2 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
You might be interested in
Many hydrothermal mineral deposits of copper, gold, silver, and other metals have been found in the countries bordering the paci
Brums [2.3K]
Qerrtuipkfszb bjgactyesouvpj jcotstick jcyo
7 0
2 years ago
As it places its order for truck tires with Michelin, South Side Industrial Supply realizes that it must also place an order for
Dovator [93]

Answer:

The correct word for the blank space is: joint.

Explanation:

Joint demand refers to the demand for products and services that are dependent on each other. In such cases, those goods are complementary but they can be acquired separately if necessary. An example of goods with joint demand would be tea and sugar or a printer and ink.

8 0
3 years ago
On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four useful
Ymorist [56]

Answer:

$10,000

Explanation:

Depreciation is charged to every asset based on the life and usage of such asset.

Straight line depreciation method charges equivalent depreciation each year of the useful life of the asset.

Here, as provided straight line depreciation = \frac{Cost\ of\ asset\ - Salvage\ value}{Life\ of\ asset}

Here, cost of asset = $48,000

Salvage value = $8,000

Thus, numerator in fraction = $48,000 - $8,000 = $40,000

Useful life of the asset = 4 years

Therefore, depreciation expense for each year = \frac{40,000}{4\ years} = 10,000

It will be same for each year, therefore, depreciation expense for year 2 = $10,000

3 0
3 years ago
You are involved in an Information Systems project. The project's scope has widened, but there is no change in cost, quality, an
LenKa [72]

Answer:

True

Explanation:

Project scope deals with the specific requirements or tasks necessary to complete the project. Scope is important to manage on any project, because if you can’t control the scope of the project, you’re not likely to deliver it on time. Also should the scope get widened it will result in time taken to complete the project.

Every project is faced with the triple constraint, which are the time, scope and cost.

Kindly see the attached for further clarity

3 0
2 years ago
Eduardo has always wanted to operate his own fast food restaurant but he knows the high failure rate of restaurants. To increase
telo118 [61]

Answer:

buying a franchise of a well-established restaurant.

Explanation:

A franchise business model is a business arrangement where the owner or 'franchisor' sells the rights of a business to ' franchisee' who operates an independent outlet.  The rights that a franchisee acquires include business name, logo,  business and operating models.  Examples of known franchises are MacDonald,  subway, and Starbucks.

The biggest advantage Eduardo will gain by purchasing a franchise is that he will get instant access to a well-established brand name.  Eduardo does not need to spend resources on creating a name, or products to introduce to customers. An established franchise will provide him with customers,  a management model, and a chance to succeed.

4 0
3 years ago
Other questions:
  • Universal Travel, Inc. borrowed $500,000 on November 1, 2021, and signed a twelve-month note bearing interest at 6%. Principal a
    5·1 answer
  • As the manager of a golf resort, you want to increase the number of tee times sold by 10 percent. Your staff economist (and juni
    8·1 answer
  • This cartoon can be read and enjoyed on several levels. Which statement best captures the economic message of
    5·1 answer
  • What are the pros and cons of relocating a small or midsized manufacturing firm (that makes mature products) from the united sta
    11·1 answer
  • Barron Chemical uses a thermoplastic polymer to enhance the appearance of certain RV panels. The initial cost of one process was
    9·1 answer
  • When pay is made public, people evaluate how equitable their pay is in light of the pay other people are receiving. The problem
    5·1 answer
  • Highland Clothing purchased​ land, paying $ 92 comma 000 cash and signing a $ 300 comma 000 note payable. In​ addition, Highland
    6·1 answer
  • L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be
    6·1 answer
  • Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilizat
    13·1 answer
  • On Dec 1, 2019 ABC purchases a piece of equipment with a total cost of $[YOUR NUMBER] * 1000. The equipment is expected to have
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!