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alexdok [17]
2 years ago
5

A large, new diamond mine has just opened, and the price of diamonds has gone down. Since she has studied economics, Cecilia dec

ides to buy a diamond necklace since she knows that diamonds are in great demand. diamonds are a nonrenewable resource, making them scarce. the cost of diamonds depends only on the demand. the purchase of diamonds will satisfy wants and needs.
Business
2 answers:
lozanna [386]2 years ago
5 0

(B) diamonds are a nonrenewable resource, making them scarce.

Now from an Economist perspective, she bought a diamond necklace when the price was low, she knows that sooner or later the prices will go up. Cecilia knows that the only way to increase the value of diamonds is to make them scarce. How then do mining companies make diamonds scarce, they simply reduce production, and then the price will go up.

Ksenya-84 [330]2 years ago
5 0

The answer is B.diamonds are a nonrenewable resource, making them scarce.

i just took the test!!!

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Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
monitta

Answer:

If Mary and Tim specialize in the good in which they have a comparative​ advantage, ______.

Mary would specialize in making cakes while Tim would specialize in making pies.

Explanation:

a) Data and Calculations:

Mary's opportunity cost of making a cake = 2 pies

She can make additional 5 (10/2) cakes instead of making pies

This will increase her cakes to 25 a day (20 + 5)

Tim's opportunity cost of making a cake = 4 pies

She can make additional 40 pies (10 * 4) instead of making cakes

This will increase her pies to 60 pies a day (20 + 40)

When they specialize there will be 25 cakes and 60 pies produced in a day instead of 30 cakes and 30 pies.

5 0
3 years ago
Veronica, a vice president of human resources at an auto company, wants to develop its programs for employee empowerment. Howeve
klasskru [66]

Answer:

B) In its rulings, the NLRB has allowed employee empowerment in certain very limited situations.

Explanation:

Employee empowerment refers to a company giving its employees a higher degree of autonomy and independence regarding their normal work related activities.

Personally I don't understand how employee empowerment can affect employees negatively but unions tend to oppose it unless they are directly involved in the empowerment process.

3 0
3 years ago
Mihee's old job was to answer phones in a call center. Her job was redesigned, and now she also does customer surveys. This is a
dimulka [17.4K]

Answer:

Job Enlargement

hope dis helps ^-^

7 0
2 years ago
Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or
____ [38]

Answer:

Participating

Explanation:

Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: PARTICIPATING PREFERRED STOCK

This is because Participatory preferred stock gives an extra profit assurance to stockholders. Typically, all preferred stocks have a fixed dividend rate, which is the main benefit.

However, in the event where the issuing company meets specific financial targets, holders of participating stocks will get more dividend payments above the normal fixed rate.

8 0
2 years ago
When a sales contract is missing terms on when a payment is due, and if the involved parties have not had an established course
Gemiola [76]

Answer:

False

Explanation:

The provision of the Uniform Commercial Code as amended is that any missing terms such as price, quantity,location and expected time of delivery as well as payment terms  can be added to the contract later on with consent of all parties involved or provided in compliance with other commercial codes.

In other words,the fact that payment should be made within seven working days when payment terms are missing is alien to Uniform Commercial Code.

The answer, therefore is false.

7 0
3 years ago
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