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2 years ago

A person can benefit from specialization and trade by obtaining a good at a price that is.

Business

1 answer:

enot [183]2 years ago

6 0

Answer:

lower than his or her opportunity cost of that good.

Explanation:

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When a nation's human and material resources are fully employed, more of any one

siniylev [52]

Answer:

C. Can be produced only if there is less production of other products.

Explanation:

When a nation's human and material resources are fully employed, then there has to be less production of other products because resources would have to be shifted away from such production and concentrated im producing more of any one item or product.

The above shows a scenario where economizing problem is in force i.e scarcity, which requires proper allocation of resources. It is a major problem faced by many societies and must be solved when there is less production of other products inorder to produce more of any one product.

5 0

3 years ago

3. The economic system that is found in a Socialistic political system is a: *

lara [203]

Answer:

Command Economy.

Explanation:

6 0

4 years ago

A decrease in the demand for money would result from:

lutik1710 [3]

Hmm...this looks like it would be D- an increase in the price level but I could be wrong.

5 0

3 years ago

Value of a mixed stream Harte Systems, Inc., a maker of electronic survillance equipment, is considering selling to a well-kn

Serjik [45]

Answer:

101,288

Explanation:

We can calculate the present value of each cash flow by dividing it by the rate of return along with the power of each period in which each cash flow occurs.

Requirement a: Timeline that represents the cash flows involved in the offer

year 1 - 30,000

year 2- 25000

year 3 - 15000

year 4 -15000

year5 -15000

year6 -15000

year 7-15000

year8 -15000

year9 -15000

Requirement b: If Harte applies a required rate of return of 12% to them

Present Value

year 1 - 30,000 /1.12 26,786

year 2- 25000 /(1.12)^2 19,930

year 3 - 15000 /(1.12)^3 10,677

year 4 -15000 /(1.12)^4 9,533

year5 -15000 /(1.12)^5 8,511

year6 -15000 /(1.12)^6 7,599

year 7-15000/(1.12)^7 6,785

year8 -15000 /(1.12)^8 6,058

year9 -15000/(1.12)^9 5,409

101,288

Requirement C:

It should accept the second offer of paying $100,000 as the first offer payment (i.e $101288.5) is greater than $100000

6 0

4 years ago

Which of the following demonstrates the law of supply?

bixtya [17]

Answer:

a. When price of leather belts rose, the leather belt sellers increase their quantity supplied of leather belts.

Explanation:

Law of supply: The increase in price of goods increases the quantity supplied of the same good, keeping all other factors constant.

This means if the price of good increases, the producers tend to produce more of such goods. Thus, the quantity supplied in the market for such good also increases.

Here,

The price of leather belt increased which convinced the producers of leather belts to increase the level of production. This increased the quantity supplied of leather belts in the market.

7 0

3 years ago