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Gnoma [55]
3 years ago
15

As an economic concept, scarcity applies

Business
2 answers:
LiRa [457]3 years ago
4 0

Answer:

A

Explanation:

bot money and time is the right answer

Masteriza [31]3 years ago
4 0

Answer:

A

Explanation:

both the poor and the rich. Scarcity requires that people must. make choices. As an economic concept, scarcity applies to. both money and time.

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Kristin is president of a corporation that operates a chain of clothing stores, and she faces the task of hiring a manager to re
a_sh-v [17]

Answer:

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

Explanation:

Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.

6 0
3 years ago
The main focus of control theory is:
vovangra [49]

Answer:

It is B since control theory focuses on stoping us from deviating

Explanation:

7 0
3 years ago
Read 2 more answers
Paid for the monthly rent by check​
sattari [20]

i'm confused what your trying to say here?

5 0
3 years ago
If Jacques's Fire Engines were a competitive firm instead and $80,000 were the market price for an engine, decreasing its price
Anna35 [415]

Answer:

The correct answer is:

false (b)

Explanation:

Reduction in the price of a good or service in a competitive market leads to an increase in quantity demanded, which in turn leads to an increase in the production quantity, to cater for the increase in the volume of demand. Hence the reduction in the price of Jacques's fire engines will increase demand and in effect increase the production quantity. With respect to the total revenue, depending on the extent of demand increase, the total revenue might increase or even decrease. If the total demand exceeds the previous demand to make up for the reduction in price, the total revenue will increase, if not so, the total revenue will decrease.  

3 0
3 years ago
A static budget is one that __________,a. Is based on the actual sales volume achieved during the period. b. Is developed for a
lara31 [8.8K]

Answer:

b. Is developed for a single level of expected output.

Explanation:

The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all

In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results  

7 0
3 years ago
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