Scarcity reduces the producer's ability to manufacture a limitless number of goods, thus limiting output.
<h3>What is the production process?</h3>
Producers may have to make the difficult decision of which product to prioritize for manufacture out of a variety of items using limited resources.
Overall, a lack of resources or manufacturing inputs results in a smaller number of goods or services available on the market, which has an impact on customers by forcing them to make difficult purchasing decisions.
Therefore, when something is scarce, more people want it than can be supplied.
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Answer:
$211,750
Explanation:
The computation of diluted earnings per share for the quarter is shown below:-
Particulars Shares
Proceeds from exercise of options a $225,000
(25,000 × $9)
Used to repurchase of common stock b $18,750
( $225,000 ÷ $12)
Number of shares if option is exercised c $25,500
Less: Shares assume repurchased d $18,750
Potential Diluted common shares (e = c-d) $6,750
Add: Number of common f 205,000
Number of shares diluted earning per share $211,750
(e + f)
Therefore the Number of shares diluted earning per share is $211,750
Answer:
Assets are the economic resources of a business that are expected to be of benefit in the future. Liabilities represents the claims to the stockholders' equity held by the stockholders of the business.
Explanation:
The accounting equation formed the basis for what is today termed as the double-entry system of accounting. It involves the balance of assets on one side and liabilities and share holders equity on the other side. When recording accounting statements after a certain financial period, the total assets should be equal to the sum of the liabilities and the shareholder's equity. The accounting equation can be expressed as follows;
Assets=liabilities+shareholder's equity
The assets are all the items owned by a company or business that are of economic value to that particular company. The assets are often expected to be of future benefit. Liabilities of the other hand represents the claims to the stockholders' equity held by the stockholders of the business. The stockholder's equity is the shared value that the stockholder's will receive when the assets and liabilities are liquidated.
Answer:
Holland codes are also known as Holland Occupational Themes, which is a theory based on Vocational choice and careers. The theory was revealed by John L. Holland, who was an American Psychologist.
Explanation:
The Holland codes are involved in career counseling practices and researches. The basic theory was that the occupational preferences of the individuals were surrounded by the underlying character of the individual. The theory is centered on the following six personality traits:
- Realistic - They like to work with hands, assembling and building things, working on tools and machines. They like to work outdoor.
- Investigative - They are more into discovering new ideas, investigating and, asking the questions to solve the problem.
- Artistic- They are more performance-oriented, more expressive, and good at designing and creating things.
- Social- They like working with people and are concerned about the welfare and well-being of other people.
- Enterprising - They like leading, influencing, and encouraging others.
- Conventional- They like following the procedures to work, planning the events, and work. They also like working indoor.
The Holland codes state that the people who possess similar personality traits aim to create an environment that fits them best and their type of work. Holland further stated that when people choose to work in a situation that is related to their personality, they are more contented and successful.
