1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zvonat [6]
2 years ago
7

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.

You might be interested in
GASB has issued a proposed standard that would more clearly define fiduciary activities and change the categories of fiduciary f
kramer

Answer:

a. Custodial fund

Explanation:

Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.

This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.

The correct option is a.

Custodial Fund.

3 0
3 years ago
The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the
Fantom [35]

Explanation:

<h2><em><u>The title of this talk is “Profit's Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain. Yes, if you can promote social change and make money it is great. Their doing what they said they would and making money.</u></em></h2><h2 />
7 0
2 years ago
Kubin company’s relevant range of production is 20,000 to 23,000 units. when it produces and sells 21,500 units, its average cos
Afina-wow [57]
<span>The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced. Hypothetically lets say variable costs for Kubin company's production is $50,000 and their fixed costs are $25,000. $50,000 variable costs + $25,000 fixed costs / 21,500 units = $3.49/unit.</span>
6 0
3 years ago
Harriet has been assigned the task of setting up work teams for a complex software development project. Each team has different
madam [21]

Answer:

Option B (Wheel) is the right answer.

Explanation:

  • That was the most suited wheel-based networking architecture. So every team works reasonably amongst the many departments together, communicated as well as worked together as a centralized control through hubs.
  • Instead, every crew here works alone and is interconnected to the hub so that it wouldn't immediately impact the activities of some other groups.

The other four alternatives aren't connected to the given scenario. So the above is the right option.

7 0
3 years ago
if you were in the dry cleaning business whom would you benchmark for their technological innovations
Cloud [144]
If you were in the dry cleaning business you would benchmark  the business itself for their technological innovations
5 0
3 years ago
Other questions:
  • One way of shooting a bow is the instinctive aiming method. what is true about this method? you look at the target with the righ
    6·1 answer
  • Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
    8·1 answer
  • A government experienced significant loss of certain roadways and bridges as a result of major flooding. Which of the following
    7·1 answer
  • Assume you are now 25 and you want to have a million dollars by the time you are 65. if you can earn 6% per year, compounded ann
    6·1 answer
  • Which of the following is a common type of MSD?
    15·2 answers
  • Suppose you value a special watch at $100. You purchase it for $75. On your way home from class one day, you lose the watch. The
    10·1 answer
  • Brainliest + points<br><br> What is bond investment?
    6·1 answer
  • Dupont has an advertisement that shows police officers describing how they were shot at close range in the line of duty. the adv
    9·1 answer
  • If a healthcare employee feels they discriminated based on their disability, which organization would assist in enforcing the ap
    7·1 answer
  • Most people would readily agree that the stock market is a. Not semi-strong form efficient b. Strong form efficient c. Semi-stro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!