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LenKa [72]
2 years ago
8

The study of how resources are distributed for production of goods and services within a social system is called.

Business
1 answer:
Fantom [35]2 years ago
4 0

It should be noted that the study of how resources are distributed for production of goods and services within a social system is called Economics.

<h3>What is Economics?</h3>

Economics  can be regarded as a social science which focus on the study of production as well as distribution, and consumption of goods as well as services.

Therefore, economics focus on how resources are distributed for production of goods.

Learn more about economics at:

brainly.com/question/25791968

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Suppose that the production function faced by a 30-weight ball bearing producer is given by Q- 4KL, where MP = 2K2 and MP = 2K L
Delicious77 [7]

Answer and Explanation:

The answer is attached below

6 0
3 years ago
Which of the following is the best example of a good debt strengthening your financial security?
musickatia [10]
There are many different types of "good debt" to have. Good debt with on time payments helps increase your credit score tremendously overtime because it shows lenders you can borrow money and pay it back on time. Paying your bills on time and sticking to your budget can contribute to payments paying off good debt. A mortgage is an example of good debt. 
6 0
3 years ago
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The selling price of a television is​ $1,600 and the cost to the retailer is​ $225. what is the​ retailer's gross profit from th
Anarel [89]
Find the gross profit fro the sale of the television: 
Gross profit = Sales - Cost of goods sold 
Gross profit = $1,600 - $225
Gross profit = $1,375

The gross profit of a sale is the profit from sales minus the cost it took to produce/complete the item or service. 
8 0
3 years ago
Granite Company purchased a machine costing $128,000, terms 3/10, n/30. The machine was shipped FOB shipping point and freight c
Alborosie

Answer:

machine enter the accounting at <em> 138,210 dollars</em>

Explanation:

cost: 128,000 x ( 1 - 3%) = 124,610

shipping cost:                      2,800

installation cost:              <u>   10,800   </u>

total incurred cost

to leave the machine

ready for use:             <em>    138,210</em>

<em />

<em>The damge are expenses for the period as they arent a necessary cost to utilize the machine.</em>

<em>The company used the discount price over the list price as this is the atual cost incurred</em>

8 0
3 years ago
It is always possible to identify all the causes of a problem completely. please select the best answer from the choices provide
Rasek [7]

It false that the causes of a problem can always possible to identify completely.

<h3>What is problem solving?</h3>

This is defined as the process of finding solution to a task that seems difficult. It is a skill, hence applied after a problem has been identified.

Hence, It false that the causes of a problem can always possible to identify completely.

Learn more about problem solving here : brainly.com/question/23945932

#SPJ4

8 0
2 years ago
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