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Sergio039 [100]
2 years ago
7

2. Individuals, businesses, and governments make economic decisions by considering two important

Business
1 answer:
pantera1 [17]2 years ago
7 0

The two important factors individuals, businesses, and governments must consider when making economic decisions are external resources and internal choices.

<h3>What are economic decisions?</h3>

Economic decisions are value-driven decisions in a world of limited resources or scarcity and unlimited wants.

To make effective economic decisions, choices must favor the decision-maker.  Making choices involves taking into account many variables to help to reach effective conclusions.

Economic decisions for limited resources focus on:

  • Production
  • Distribution
  • Exchange
  • Consumption
  • Savings
  • Investments.

For example, an individual seeks employment to earn money to satisfy their needs.

Thus, the two important factors when making economic decisions are external resources and internal choices.

Learn more about making economic decisions at brainly.com/question/5136048

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Researchers assess the value of a project by comparing the Blank______ of answering some of their questions and the Blank______
-BARSIC- [3]

It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.

<h3>What is a project?</h3>

A project  can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.

It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .

Learn more about a project at;

brainly.com/question/4771644

7 0
2 years ago
When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked e
Phoenix [80]

Answer:

External

Explanation:

Human resources management

This is simply set up and control of formal systems for employee management within an organization.

Recruiting

This is refered to as the ways or process of getting a list of qualified candidates. The aim is to make the organization attractive to qualified applicants.

External Factors Affecting Recruitment

1. Supply and demand- labor market, unemployment rate

2. Social and legal environment

3.Competitors practices

Types of external source of labor

1. Direct recruitment where Informations are displayed on notice board. They are usually low cost.

2. Casual callers: this is simply known as a list of job seekers that is prepared and as the need arises they are called for an interview.

3. Advertisement through Newspaper, advertising etc.

5 0
3 years ago
Which choice gives a reason that property rights must be protected in a market economy?
Paha777 [63]

I believe the correct answer from the given choices is:

C. Producers must be ensured that they will be able to sell their products and keep their revenues

 

Producers are given the freedom or right to sell their product. They are protected by laws in a market economy.

8 0
3 years ago
Read 2 more answers
The interest rate by corporations to evaluate the attractiveness of economic alternatives is known as the
levacccp [35]

Answer: Weighted Average Cost of Capital

Explanation:

The Weighted Average Cost of capital for a company refers to rate a company pays on the various capital methods it employs to fund its operations such as common and preferred stock as well as debt.

This rate is used to evaluate the attractiveness of economic ventures and projects because the company needs the rate of return on the project to be at least higher than the company WACC so that the company may be able to pay off its capital holders.

7 0
3 years ago
While Mary Corens was a student at the University of Tennessee, she borrowed $8,000 in student loans at an annual interest rate
Papessa [141]

Answer:

6.93 years

Explanation:

For computing the number of years we use the NPER formula i.e to be shown in the attachment

Given that

Present value = $8,000

Future value = $0

Rate of interest = 9%

PMT = $1,600

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the number of years is 6.93 years

6 0
3 years ago
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