Answer:
Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. ... Any resource that has a non-zero cost to consume is scarce to some degree, but what matters in practice is relative scarcity
Scarcity dictates that economic decisions must be made regularly in order to manage the availability of resources to meet human needs. Some examples of scarcity include: The gasoline shortage in the 1970's. ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity.
Explanation:
HOPE it helps
Answer:
d There are gains from trade.
Explanation:
A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).
Thus, trade creates an enabling environment that suits a specific service provider or producer of a particular product.
Basically, the interaction of individual choices underlies the fact that there are gains from trade.
This ultimately implies that, as a result of the difference between human needs and wants, there is always an opportunity for various producers to manufacture goods and services to meet the needs or requirements of these customers.
Answer:
Value Added Network
Explanation:
Value Added Network -
It is the service , which is provided by some private firm , so that the company have a secure way to share the data , is referred to as value added network , VAN .
It is the most common method for the movement of the electronic data interchange ( EDI ) , in between two firm or companies .
Hence, from the given information of the question,
The correct term is Value Added Network VAN.
Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
Answer:
True
Explanation:
"Poka- yoke" is a Japanese term which relates to mistake proofing. The term signifies correcting accidental errors and preventing those from forming part of a product.
The term emphasizes upon creation of such manufacturing techniques which can be used for proofing errors so that operations can be carried out smoothly, efficiently and error free.
The term was first used by Shigeo Shingo. It represents a control measure which aims at detection of mistakes and errors on timely basis so as to avoid them from becoming part of the product.
