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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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The inspection point is the ________.
Semenov [28]

Answer:

The inspection point is the stage of the production cycle where products are checked to determine whether they are acceptable or unacceptable units

Explanation:

3 0
3 years ago
A firm characterized as a price-taker:
ololo11 [35]

Answer: Option E

Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.

If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.

Hence from the above we can conclude that the correct option is E.

3 0
4 years ago
The payments portion of the balance of payments--that is, payments made by the united states--does not include
Trava [24]
Balance of payments is the difference in total values of all payments in and out of the country over a given period of time. It is the record of all financial transactions between the residents of a country and the other foreign countries. In this case, payments made by the united states does not include exports.
4 0
4 years ago
L Brands, which owns Victoria’s Secret, had to decide what to do with the struggling division. The decision executives at L Bran
Troyanec [42]

Answer:Non- Programmed Decision

Explanation:

In deciding who to hire, L Brands executives had to consider multiple options, which made the decision poorly defined.

So also, the decision had huge important consequences for the company: Picking the wrong CEO could be very costly and may lead to it winding up.

3 0
3 years ago
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T
Virty [35]

Answer: Option (B) is correct.

Explanation:

Capital contribution by David = $40,000

Interest of David in partnership = \frac{1}{5}

Total capital of the partnership after the admission of new partner:

= \frac{40,000}{\frac{1}{5} }

= $200,000

Total capital of partnership before decreasing of obsolete inventory:

= $140,000 + $40,000 + $40,000

= $220,000

Therefore, value of decrease in inventory:

= Total capital before decrease - Total capital after decrease

= $220,000 - $200,000

= $20,000

The reduction in value of inventory will be distributed in old partners in ratio of 3:1

Hence,

Capital balance of Allen after admission of David:

= 140,000 - 20,000\times\frac{3}{4}

= $125,000

Capital balance of Daniel after admission of David:

= 40,000 - 20,000\times\frac{1}{4}

= $35,000

5 0
3 years ago
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