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lina2011 [118]
2 years ago
13

Scarcity is central to the study of economics because it implies that.

Business
1 answer:
kupik [55]2 years ago
3 0

Answer:

Every choice involves an opportunity cost

Explanation:resources are not unlimited

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Suppose the European Central Bank (ECB) decides to use monetary policy to offset the possible inflationary effects of European e
Grace [21]

Answer:

the European Central Bank (ECB) should engage in a contractionary monetary policy

Explanation:

A contractionary monetary policy takes place when a central bank (or the Fed) reduces the money supply in order to cool down the economy, lower inflation rate or like in this case, wants to offset expansionary fiscal policy.

The central bank initially raises the interest rates and starts selling more securities in order to absorb cash from the markets.

7 0
2 years ago
Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o
Liula [17]

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

As the college students use the uber so here the number of students are rised up that means the demand is more when the semester is started i.e. the price is more

Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

So overall the price and the quantity should increased

6 0
2 years ago
Sami nguyen is responsible for two departments that continually set conflicting goals. sami must get involved in ____ to achieve
Paul [167]
<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>
6 0
3 years ago
Entrepreneurship can be very challenging. Which is not a typical challenge of being an entrepreneur?
lord [1]

Answer:

<u>Financial reward</u> is not a typical challenge

Explanation:

3 0
3 years ago
One of the biggest ethical risks in supply chain management is that the __________ supply chain member tends to be the one that
gladu [14]

One of the biggest ethical risks in supply chain management is that the <u>most visible</u> supply chain member tends to be the one that suffers the blame and/or lost goodwill when something goes wrong.most visible.

<h3>What is ethical risk?</h3>

  • In reaction to their unethical behaviors, actors end up externalizing their locus of control, as if they had no other choice.
  • In this manner, actors reduce their own power to identify a profitable alternative course of action. They reduce their freedom to choose.
  • On the other hand, inclusive awareness of ethical and unethical aspects triggers a natural search for more ethical actions (Cf. Psychological attitudes towards ethical dissonance).
  • A rational analysis of the interest of such a more ethical alternative allows avoiding exaggeration of its costs (without proper analysis, a typical justification of an unethical action is that an alternative course of action would be too costly).
  • Further, awareness of potential ethical costs increases the relative attractiveness of an alternative more ethical action. The re-framing of the situation allows the identification of new opportunities otherwise hidden to the actors.

To learn more about ethical risk from the given link

brainly.com/question/8377024

#SPJ4

4 0
1 year ago
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