All categories

2 years ago

What are the biggest problems of scarcity in the US? What problems have they caused? How does scarcity impact you?

Business

1 answer:

liraira [26]2 years ago

4 0

Answer:

Many people believe that the United States is the land of opportunity, and that anyone can succeed

with hard work and intelligence. Concurrently, we often assume that people are poor because they lack

the willpower or intellect to work hard and make the correct decisions. However, new research shows

how a scarcity of resources, including financial resources, shapes everyone’s decisions and behaviors

Explanation:

You might be interested in

Flannery Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases:

VashaNatasha [74]

Answer:

Cost per letter for the correspondence activity= $ 8.75

Explanation:

Flannery Company

Given

Activities Allocated Costs Allocation Base

Account inquiry (hours)$ 77, 000 2,600 hours

Account billing (lines) $ 38, 000 19,000 lines

Account verification (accounts) $ 20,000 30,000 accounts

Correspondence (letters) $ 14,000 1, 600 letters

Activities Northeast Office Midwest Office

Account inquiry (hours) 100 hours 200 hours

Account billing (lines) 10,000 lines 9,000 lines

Account verification (accounts) 1 ,000 accounts 650 accounts

Correspondence (letters) 50 letters 110 letters

Calculations

Cost per letter for the correspondence activity= Total Correspondence/ Total No of letters

Cost per letter for the correspondence activity= 14000/1600= 8.75

Cost per letter for the correspondence activity= $ 8.75

We divide the activity cost with the corresponding cost driver to get the cost per unit of activity.

4 0

3 years ago

The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor

Galina-37 [17]

Answer:

The correct answer is D

Explanation:

OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.

OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.

3 0

3 years ago

After making a decision, you still have to _____. a. Celebrate your effectiveness b. List your available resources c. Implement

Reika [66]

Answer:

c. Implement a plan of action.

Explanation:

You already made your decision, so you've already considered all the outcomes and checked whether you have the resources needed for this. So the only thing left to do is to implement the plan of action

7 0

2 years ago

g A foreign factory has offered to supply with ready-made baskets for a price of $12 per basket. Assume that fixed costs are una

cluponka [151]

Answer:

The answer is "$5500".

Explanation:

Analysis Differential:

Make Buy

Cost of variable $800\times 7 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 5600$

Fixed- cost $16000\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16000$

Purchasing cost $800\times 12\ = 9600$

Cost of opportunity $\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 9500$

Total relevant cost $31100 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 25600$

Increasing operating income $= 31100-25600 = 5500$

4 0

2 years ago

What is the most likely option an individual might research if saving for a short term goal

navik [9.2K]

For short term financial goals, it would be best to put the money in an investment that earns the highest interest while still remaining <em>liquid (</em>aka easy to withdraw your money when you want). In this case some good options would be a high-interest earning savings or money market account.

For short term goals you want to avoid investments that require you to tie your money up for long periods of time like bonds or certificates of deposit.

3 0

3 years ago

Read 2 more answers