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2 years ago

Why is scarcity a fundamental problem in economics

Business

1 answer:

KATRIN_1 [288]2 years ago

8 0

Answer:

Scarcity or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants.

Explanation:

Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.

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Dan Watson started a small merchandising business in 2018. The business experienced the following events during its first year o

Jet001 [13]

Answer:

<u>Horizontal statemtent:</u>

Assets = Liabilities + Equity

1) 30,000 = 0 + 30,000

2) 18,000- 18,000 = 0 + 0

3) 17,000 = 0 + 17,000

+30,000 Financing

Operating

collected from customer 32,000

paid to suppliers (18,000)

net 14,000

total cash flow 44,000

Income statment

sales revenue 32,000

COGS (15,000)

income 17,000

Total assets: 47,000 (44,000 cash + 3,000 inventory)

Explanation:

assets:

1) +30,000 cash from common stock

2) 18,000 inventory - 18,000 cash = 0 effect on total assets

3) 32,000 cash - 15,000 inventory = 17,000

total assets: 30,000 + 17,000 = 47,000

8 0

3 years ago

Burke Tires just paid a dividend of D0 = $2.25. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year

andrew11 [14]

Answer:

c. $76.48

Explanation:

The value of the stock is the present value of future cash flows

First, calculate each year's dividend

First year dividend = D1 = D0 x ( 1 + first year growth rate ) = $2.25 x ( 1 + 30% ) = $2.925

Second year dividend = D2 = D1 x ( 1 + Second year growth rate ) = $2.925 x ( 1 + 10% ) = $3.2175

Second year dividend = D3 = D2 x ( 1 + Second year growth rate ) = $3.2175 x ( 1 + 5% ) = $3.378375

Now calculate the present value of each year's dividend

Present value of D1 = D1 / ( 1 + required return )^1 = $2.925 / ( 1 + 9.00% )^1 = $2.6834

Present value of D2 = D2 / ( 1 + required return )^2 = $3.2175 / ( 1 + 9.00% )^2 = $2.7081

Present value of D3 = [ D3 / ( Required return - Growth rate ) ] / ( 1 + required return )^2 = [ $3.378375 / ( 9.00% - 5.00% ) ] / ( 1 + 9.00% )^2 = $71.0878

Now take the sum of the present value of all the dividends to calculate the value of stock

Value of Stock = Sum of Present value of all dividend = Present value of D1 + Present value of D2 + Present value of D3 = $2.6834 + $2.7081 + $71.0878

Value of Stock = $76.4793

Value of Stock = $76.48

4 0

2 years ago

In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate t

Dvinal [7]

Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

<h3>What is the B2B partnership?</h3>

A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
This might take the form of opportunities for product development, marketing, or general corporate growth.

<h3>What is the reseller market?</h3>

The market is made up of wholesalers and merchants that purchase goods to resell.
A reseller purchases goods with the intention of reselling them for a profit later.
Since resellers buy products and services in bulk from suppliers, they frequently get deals.
Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.

Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

Know more about wholesalers here:

brainly.com/question/7062667

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8 0

1 year ago

Rex bought a put on Alpha stock with a strike price of $35 when the market price of Alpha stock was $33 a share. Alpha is curren

Dovator [93]

Answer:

I. Rex's option is worth at least $100 today.

and

IV. Rex's option has less value today than when he bought it.

5 0

2 years ago

Which of the following is an example of Maslow's esteem? Group of answer choices Developing and mentoring others Receiving a hig

kramer

Answer:

Receiving a high-level promotion

Explanation:

Abraham Maslow created a motivational theory as per which different needs of an individual can be prioritized with respect to their order of importance.

Maslow defined 5 needs in his hierarchy which are as follows:

Basic Psychological Needs

Safety Needs

Emotional Needs

Self Esteem Needs

Self Actualization Needs

As per the given information, receiving a high level promotion satisfies an individuals self esteem needs and earning respect and recognition among peers.

5 0

2 years ago