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Yuri [45]
2 years ago
6

The study of principles that govern the efficient spatial allocation of economic resources and the resulting consequences is ref

erred to as ______.
Business
1 answer:
Anni [7]2 years ago
3 0

It should be noted that Economic Geography involve the study of principles that govern the efficient spatial allocation of economic resources.

<h3>What is Economic Geography?</h3>

Economic Geography  serves as one that explains how people earn their living as well as the livelihood systems and their variability.

It shows how economic activities are spatially interrelated and linked.

Learn more about Economic Geography at;

brainly.com/question/1690575

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Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
Nikitich [7]

Answer:

The correct answer is C.

Explanation:

In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.

Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.

Have a nice day!

8 0
3 years ago
Read 2 more answers
Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup
sashaice [31]

Answer:

The opportunity cost is $24,000

Explanation:

Giving the following information:

Suppose your expenses for this term are as follows:

tuition: $12,000

Room and board: $6,500

Books and other educational supplies: $1,500.

Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.

Costs of college:

tuiton= 12000

Books= 1500

Lost of salary= 10,500

Total= $24,000

8 0
3 years ago
A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by
lilavasa [31]

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

3 0
4 years ago
Which one of the following is NOT a real option? The option to buy shares of stock if its price is expected to increase. The opt
puteri [66]

Answer:

The answer is: The option to buy shares of stock if its price is expected to increase.

Explanation:

A <em>"real option"</em> in management is: a choice managers can take concerning business investment opportunities. <em>Real options</em> usually involve tangible assets (machinery, buildings, inventory, land, etc.) but not financial instruments or stocks.

So the buying or selling of stocks aren´t considered <em>real options</em> in business management.

4 0
3 years ago
When one party to a transaction has incentives to engage in activities detrimental to the other party, there exists a problem of
Juli2301 [7.4K]

Answer: Moral hazard

Explanation: As per economic principles, if an individual increases the exposure to risk when covered by insurance, moral hazard happens, particularly when an individual takes further risks just because someone carries the burden of all those consequences.

There can be a moral hazard at which one party's policies may modify to the disadvantage of someone else after a business transaction has occurred. Moral hazard may arise through a type of asymmetric information in which the threat-taking group to trade is more aware of its motives than the person bearing the risk's implications.

Thus, from the above we can conclude that the correct option is A .

5 0
3 years ago
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