what illustrates the relationship between a good and its complement
Answers
To understand economic questions like this it is important to understand that Good and its complement have an inverse relationship. An increase in the price of a good will decrease the demand for its complement.
Good and its complement are two goods that are often used together. When the price of a good increases, its demand decreases. It, in turn, affects the demand for its complement. The demand for its complement decreases as well. Therefore, the demand for one good and the demand for its complement have an inverse relationship. In economics, this is known as the principle of complementary goods.The principle of complementary goods is an important concept in microeconomics. It describes how changes in the price of one good can affect the demand for another good.
For example, if the price of peanut butter increases, the demand for jelly will decrease. This is because most people buy peanut butter and jelly together. If the price of peanut butter increases, fewer people will buy it, and therefore, fewer people will buy jelly as well. Therefore, the demand for peanut butter and the demand for jelly have an inverse relationship.
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Related Questions
how does technology help business become more efficient
Answers
Answer:
We use tech. in everything today. It helps keeps files organized vs. using papers, keeps data forever - can't get lost.
Explanation:
Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
Answers
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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Which person BEST exemplifies an entrepreneur? Mark is known as the profit maker in the firm where he is employed Mary embraces change and innovates to meet customer demands Maurice thinks about how t make money Monty is a top level manager in a successful company
Answers
Answer:
Mary
Explanation:
An entrepreneur is a person who has a creative and innovative vision to turn an idea into a profitable business. Therefore, when analyzing the profiles of the people above, Mary is considered to have a greater entrepreneurial profile, because in addition to being a person who thinks about creating profits or making money, she has the skills to be innovative and adapt to change, with the focus on meeting customer demands.
A successful entrepreneur needs to have the ability to adapt to a constantly changing market and consumer trends to always satisfy consumers and differentiate themselves from the competition.
After reconciling the advance payments, how much Child Tax Credit will Chloe be able to claim on her 2021 federal income tax return
Answers
Answer:
i have no idea. i just needed to answer a question sorry to bother and yea ill come back to this answer.
in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute
Answers
Answer:
agency regulations i think
Using the chain ratio method, estimate the market sales potential for heart catheterization products to meet the needs of the infant and child segment. Assume that of the 45,000 children with heart defects each year, 70 percent will benefit from these types of products and that only 50 percent of their families have the financlal resources to obtain such treatment. Also assume the average price for a device is $3,000 and children may only go through a single procedure. The number of buyers in the market can be estimated as (Round to the nearest whole number.)
Answers
Based on the given assumptions and using the chain ratio method, the estimated market sales potential for heart catheterization products in the infant and child segment would be approximately $47,250,000.
To estimate the market sales potential for heart catheterization products in the infant and child segment using the chain ratio method, we'll follow the given assumptions step by step.
Total number of children with heart defects per year: 45,000.
Percentage of children who will benefit from heart catheterization products: 70%.
The potential beneficiaries would be 45,000 * 0.70 = 31,500 children.
Percentage of families with financial resources to obtain treatment: 50%.
The potential buyers would be 31,500 * 0.50 = 15,750 families.
Now, we need to estimate the number of heart catheterization products required by these families:
Assuming each child goes through a single procedure, the number of devices needed would be the same as the number of families, which is 15,750.
Finally, we can calculate the market sales potential:
Average price per device: $3,000.
Total sales potential would be 15,750 * $3,000 = $47,250,000.
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Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check
Answers
Answer:
Dr Cash $825
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
Explanation:
Preparation of the journal entry that Concord Company make upon receipt of the check
Dr Cash $825
($800+$25)
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
(To record receipt of the check)
Sales discount=(Sales Price -Sales return) × 1%
Sales discount=($3300 - $800) × 1% = $25
tripp ran 4.8 times as many laps as tony if tony ran 3.7 laps how many laps did tripp ran
Answers
Answer:
17.76 laps
Explanation:
Tony ran 3.7 laps. tripp ran 4.8 time more.
tripp ran
=3.7 x 4.8
=17.76
An example of differentiation by location is: a. Firms selling the same product at different outlets. B. Giving free information about the product. C. Change in the size, shape, or color of the product. D. Change in the texture and taste of the product. E. Using home delivery to increase revenue
Answers
An example of differentiation by location is A. Firms selling the same product at different outlets.
Differentiation by location refers to the strategy of offering variations of a product or service based on the specific location or outlet where it is sold. Let's examine each option to identify the correct example:
A. Firms selling the same product at different outlets:
This option is an example of differentiation by location. It means that multiple firms offer the same product but sell it at different locations or outlets. This strategy allows businesses to cater to different customer segments, target specific markets, or reach a wider audience by having multiple points of sale.
B. Giving free information about the product:
This option does not relate to differentiation by location. Providing free information about a product is a marketing strategy aimed at educating consumers or building brand awareness, but it does not involve offering different variations based on location.
C. Change in the size, shape, or color of the product:
This option refers to differentiation by product characteristics rather than location. Changing the size, shape, or color of a product is a strategy known as product differentiation, where variations in physical attributes aim to attract different customer preferences.
D. Change in the texture and taste of the product:
Similar to option C, this example pertains to product differentiation rather than differentiation by location. Altering the texture and taste of a product involves modifying its sensory attributes to cater to different consumer tastes or preferences.
E. Using home delivery to increase revenue:
This option describes a distribution strategy, but it does not directly involve differentiation by location. Home delivery is a method of delivering products to customers' residences, offering convenience and potentially increasing revenue. However, it does not focus on variations specific to different locations.
In conclusion, option A, which refers to firms selling the same product at different outlets, is the correct example of differentiation by location. This strategy allows businesses to adapt to varying market conditions and customer preferences based on the specific locations where they operate.
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Hudson has to maintain confidential financial accounts in a workbook. He needs two team members to help him update data in the specified worksheet. He wants to prevent his team from deleting or updating the confidential data in certain cells. Which tab on the Format Cells dialog box will enable him to lock these cells?
A. Cell Pattern
B. Cell Protection
C. Cell Prevent
D. Cell Format
help LOLL
Answers
Answer:
option c
Explanation:
please follow me
Answer:
B
Explanation:
just took the test
WHERE DO YOU SEE YOURSELF IN 10 YEARS? Use the following prompts (you may add to them) to respond to this question in two or more well written paragraphs! What career or job will you have? What state do you want to live in? Why have you chosen this state? Will you own your own a house, rent an apartment or live at home? Will you have a family—marriage, kids? What do you hope your impact will be on your community, friends, family?
Answers
Answer:
I see myself having no family only a gf and why no kids is so I can raise them right have a house a business and work hard so they don't and I will be a, healthy man. And I am choosing this path because many people don't and fail when they have a family to take care of. Also I want to be able to ollie in the future. I want to be very successful so I can provide help to anyone who needs it and I want to have my own book motivating more people be more successful. The sate I will live in will probably be Utah or California so my fam will live well. Also I will try to homeschool the kids and teach them something new or have them go to a public school. This is what I want my future to be like but for now I have to make to come true so I have to grain. So peace have a goodnight/morning cya later or never.
Question 22 Which of the following is not a characteristic of adjusting entries? Allow for proper application of the revenue recognition principle (revenues) or the matching principle (expenses). Are recorded at the end of the accounting period. Are part of accrual-basis accounting Debits or credits the Cash account.
Answers
The term that is not a characteristic of adjusting entries is "Debits or credits the Cash account."
When preparing financial statements, adjusting entries are made in order to update certain accounts. The following are some of the key characteristics of adjusting entries: Allow for proper application of the revenue recognition principle (revenues) or the matching principle (expenses).
Are recorded at the end of the accounting period. Are part of accrual-basis accounting Debits or credits the Cash account - This is not a characteristic of adjusting entries. Adjusting entries will never have a Cash account affected by either a debit or a credit; instead, they will have an income statement account and a balance sheet account.
The entries made in accounting journals by firms at the end of an accounting period are known as adjusting entries. These entries are made in order to bring balance sheet accounts and income statement accounts up to date for the period ending date, and they ensure that the income statement and balance sheet accounts are accurate. This ensures that the financial statements depict the correct financial situation of the firm.
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Click this link to view O'NET's Work Activities section for Construction Managers. Note that common activities are
listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are
common work activities performed by Construction Managers? Check all that apply.
using muscles to lift, push, pull, or carry objects
communicating with supervisors, peers, or subordinates
using speed of limb movement to move arms and legs
scheduling work and activities
exerting oneself physically over long periods of time
making decisions and solving problems
Answers
Answer:
B,D,F
Explanation:
Answer:
ok bdf is correct
Explanation:
What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.
Answers
Answer:
If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.
The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.
Explanation:
If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.
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what are the advantages of interdependence in economics
Answers
Answer:
This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle
On July 1 Jacob deposited $2540 in a savings account at
Association. At the end of December, his intrest was computed at an
annual rate of 9%. Calculate his bank balance on July 1 the
following year.
Answers
Jacob's bank balance on July 1 the following year, after six months, will be $2577.10.
To calculate the bank balance, we need to consider the interest earned over the six-month period. The interest is computed at an annual rate of 9%, which means the monthly interest rate is (9% / 12) = 0.75%. Since Jacob deposited $2540 on July 1, the interest earned over six months can be calculated as follows:
Interest = Principal × Interest Rate × Time
Interest = $2540 × 0.0075 × 6/12
Interest = $9.55
Adding the interest earned to the initial deposit, Jacob's bank balance on July 1 the following year will be:
Bank Balance = Initial Deposit + Interest
Bank Balance = $2540 + $9.55
Bank Balance = $2577.10
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On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investment. He projects that the investment will earn 8% per year. Based on these assumptions, how much money should Jordan expect to have when he turns 60?
Question 1 options:
$46,789.33
$217,245.21
$98,514.57
$312.589.66
$187,518.64
$209,987.33
Question 2 (4 points)
Saved
On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investment. He projects that the investment will earn 10% per year. Based on these assumptions, how much money should Jordan expect to have when he turns 60?
Question 2 options:
$452,592.56
$278,582.56
$427,986.56
$438,478.56
$397,567.56
$301,578.66
Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9% over the next 30 years. How much will she have at the end of the 30 years?
Question 3 options:
$689,364.25
$254,369.25
$674,689.33
356,543.89
$701,055.34
$722,066.88
Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9%, and is investing over the term of 40 years. How much will she have at the end of the 40 years?
Question 4 options:
1,238,547.66
1.788,398.13
1,897,384.66
1,254,642.98
2,121,361.87
Randolph has $20,000. He invests his money and expects to earn 9% on the investment. Approximately how many years will it take for his investment to become $80,000? Use the rule of 72 to figure this out.
Question 5 options:
30
18
8
16
12
24
Question 6 (4 points)
Use the rule of 72 to determine the following investment result. Amaya has $10,000. She expects to earn 7.2% on her investments portfolio. How long will it take forher investment to double?
Question 6 options:
10 years
9 years
8 years
7 years
11 years
7.2 years
Question 7 (4 points)
Which of the following inestments would be considered the most liquid?
Question 7 options:
Real Estate
A one year CD
A standard savings account
A 401k
Question 8 (4 points)
Which type of account would most financial advisors prefer for you to keep your reserve fund? Choose the best answer.
Question 8 options:
403b
529
401k
savings account
checking account
Question 9 (4 points)
Saved
Jair invested his money and earned 12% over the last year. Over the same duration, the inflation rate was 4%. What is his real rate of return.
Question 9 options:
4%
8%
12%
16%
Question 10 (4 points)
Makeria bought an investment for $300 and sold it two years later for $360. What was her ROI in Dollars?
Question 10 options:
$360
$60
.20
$300
Question 11 (4 points)
Makeria bought an investment for $300. Two years later she sold it for $360, what was her total ROI as a percentage?
Question 11 options:
20%
10%
360%
300%
Question 12 (4 points)
Makeria Invested $300 and then sold her investment 2 years late for a total of $360. What was her average annual ROI? (choose the closest answer)
Question 12 options:
20%
10%
360%
300%
Answers
Which resource is focused on preparing students for careers and technical work as well as for community leadership
Answers
The resource that focused on preparing students for careers and technical work as well as for community leadership is: C. CTSO.
What is CTSO?CTSO which meaning is Career and Technical Student Organizations is an organization whose sole roles and responsibilities is to prepare students for their careers as well as technical work.
CTSO is important as it helps students to develop leadership skills.
Therefore The resource that focused on preparing students for careers and technical work as well as for community leadership is C. CTSO.
The complete question is:
Which resource is focused on preparing students for careers and technical work as well as for community leadership?
O BLS
O O*NET
O CTSO
O SBA
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which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
Answers
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.
what is multi mirror function in shopping malls and shop
Answers
Big shoppin stores are inside a large complex and it is not possible to have so many employees to look over each and every counter in the complex individually . So owners have to find something by which they could look over a large place at once and in this way the mampower required would also be less. So, to attain this need ,they use convex mirrors to watch the activities of the customers . Convex mirror is used as it has a large field of view , hence it allow the shopkeeper to track all the activities inside the store at once and for all.
please make me brainlist
Imagine you work in a factory that produces several types of bicycles. A county bureaucrat delivers a report listing numbers, types, and prices of bicycles the factory should make for the upcoming season. Which kind of economic system is this most likely to be? Explain
Answers
The economic system depicted in this example is a Command Economy since the government determines the production decision.
What is a command economy?A command economy is an economic system in which the following characteristics are prevalent:
Means of production are publicly owned.Economic activity is controlled by a central authority.Quantitative production goals and raw materials are allotted.A command economy is different from a:
Market EconomyTraditional EconomyMixed Economy.Thus, the economic system depicted in this example is a Command Economy since the government determines the production decision.
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Which of the following is not generally allowed to make equity investments in corporations?
Investment banks
Commercial banks
Insurance companies
Mutual funds
Answers
Mutual funds are generally allowed to make equity investments in corporations. The main purpose of a mutual fund is to pool money from various investors to invest in a diversified portfolio of stocks, bonds, or other securities.
Equity investments refer to the purchase of ownership in a corporation, and mutual funds typically buy stocks to hold in their portfolios.However, there are certain entities that may not be allowed to make equity investments in corporations. One example is a non-profit organization, which may have restrictions on investing in for-profit companies.
Another example is a government agency, which may have limitations on investing public funds in private companies. Mutual funds, on the other hand, are regulated by the Securities and Exchange Commission (SEC) and must comply with certain investment guidelines and restrictions. They may also have their own investment policies and objectives that limit the types of securities they can hold in their portfolios, but generally, they are allowed to invest in equity securities such as stocks.
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On April 1, Moloney Musical Instruments sold merchandise on account to Fronke's Flutes for $7,000 on Invoice 1001, terms 2/10, n/30. Payment was received in full from Fronke's Flutes, less discount, on April 10.
Answers
Answer:
The question is "Record the transactions on April 1 and April 10. View transaction list Journal entry worksheet Record the sale on April 1."
Date Account Title and Explanation Debit Credit
April 1 Account receivables $7,000
Sales revenue $7,000
April 10. Cash ($7,000*98%) $6,860
Sales discount ($7,000*2%) $140
Account receivables $7,000
a government has the following liabilities at the end of the year: general obligation bonds $1,500,000 compensated absences $120,000 salaries payable $40,000 what amount of liabilities should be reported in the governmental activities column of the government-wide statement of net position?
Answers
General obligation bonds = $1,500,000
Compensated absences = $120,000
Salaries payable =$40,000
Total liabilities in the governmental activities column = General obligation bonds + Compensated absences + Salaries payable
Total liabilities in the governmental activities column = $1,500,000 + $120,000 +$40,000
Total liabilities in government = $1,660,000
The financial obligations of an entity to transfer assets or provide services to other entities in the future as a result of past transactions or events are represented by liabilities. Although governments are required to record liabilities in the period in which they are incurred, there is a distinction to be made between obligations that represent fund liabilities, which are amounts that are due and payable, and unmatured long-term indebtedness, which represents a general long-term liability.
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What two factors influence an economic school of thought?(1 point)
Answers
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
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Yong teaches students with learning disabilities and physical disabilities.
Barb teaches computer programming to high school students.
Maya works in a private school teaching math to seventh-grade students.
Destiny works in a college teaching English to adult students.
Tanner helps an elementary school teacher and works under the guidance of that teacher.
ANSWERS: 1.Special Education 2. Career and technical education 3. Middle school 4. Post secondary teacher 5.teacher assistant
Answers
Answer: Special education teacher
Career and technical education teacher
Middle school teacher
Post secondary teacher
Teacher assistant
Explanation:
Answer:
1.Special education teacher
2.Career and technical education teacher
2.Middle school teacher
3.Post secondary teacher
4.Teacher assistant
Explanation:
home corporation has interest-bearing debt with a market value of $65.5 million. the company also has 2.1 million shares that sell for $26 per share. what is the debt-equity ratio for this company based on market values? (do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
Answers
1.07 is the debt-equity ratio for this company based on market values.
Debt Equity ratio:
= Debt/Equity
= $69.5/(2.6×$25)
= $69.5/$65
= 1.07
Hence debt-equity ratio is 1.07.
The debt-to-equity rate is a fiscal rate indicating the relative proportion of shareholders' equity and debt used to finance a company's means. nearly related to using, the rate is also known as a threat, gearing or leverage. The debt-to-equity rate measures your company's total debt relative to the quantum first invested by the possessors and the earnings that have been retained over time. A good debt-to-equity rate is around 1 to1.5. still, the ideal debt-to-equity rate will vary depending on the assiduity because some diligence uses further debt backing than others. Capital- ferocious diligence like the fiscal and manufacturing diligence frequently have advanced rates that can be lesser than 2.
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What does the concept of scarcity explain?choose three answers
Answers
The concept of scarcity explains:
why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.
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Answer:
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why a single resource has more value than another resource.
Explanation:
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
(i took the test)
Items that are essential to operating a business are considered
A. business needs
B. operating costs
C. business finances
D. assets
Answers
Answer:
A. Business Needs
Explanation:
It's not assets ♂️
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation: