Explain the concept of scarcity, choice and opportunity cost​

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Answer 1

Answer:

The opportunity cost of any choice is the value of the best alternative that had to be forgone in making that choice.


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Below are the dates and times that Rick Lyon worked during the week of December 1 to December 8. Use this information to complete the time sheet above. (Notice that each day's information is placed horizontally across the rows of the timesheet.) Once you have the information added to the time sheet, calculate the regular hours worked for each day. Away time is where you record Rick's lunch break. Remember not to include time away in your total hours worked because Rick does not get paid for time away. Overtime is any time worked each week that is more than the total of forty hours. For instance, if you work forty hours in a week, there is no overtime. If you work forty-two hours, there are two overtime hours (42 hours worked – 40 regular hours = 2 overtime hours). Do not be confused; overtime is simple once you get the hang of it. Overtime is any amount of time worked that is more than forty hours in a week. Overtime is calculated separately, because it is paid at a higher rate than

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Answer: here you go hope it’s not too late

Explanation:

a.
Over the period of a year, Julie's net worth decreased. Which of the following could be true?
Julie's assets and liabilities decreased by the same amount.
b. Julie's assets and liabilities increased by the same amount.
c. Julie's assets increased by more than her liabilities.
d. Julie's assets decreased by more than her liabilities.
Please select the best answer from the choices provided
A
ΟΟΟ
B.
С

Answers

The situation that could be true about the reduction in Julie's net worth would be:

d). Julie's assets decreased by more than her liabilities.

'Net Worth' is characterized as 'the value of all the assets one possesses after subtracting all his/her debts or liabilities.'In the given circumstance, the decrease in Julie's net worth would denote that the sum total of her liabilities for that financial year exceeded her total assets. The other possibility could be that the decrease faced in her liabilities is higher than the decrease in her assets leading her net worth to be negative.

Hence, option d is the correct answer.

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Paul's Programming Services paid $100 dividends. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Credit Cash; debit Common stock. Debit Dividends; credit Cash. Debit Cash; credit Dividends expense. Credit Cash; debit Retained earnings.

Answers

Answer:debit dividends; credit cash

Explanation:

In T-accounts, the transaction is recorded as debit Dividends; credit Cash. Option (b) is correct.

What are T accounts?

A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account.

A corporation's payout of profits to its shareholders is known as a dividend. A corporation that experiences a profit or surplus is able to distribute a portion of that profit to its shareholders in the form of a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital. therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.

Therefore, Option (b) is correct.

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Why is it necessary for us to have knowledge and professional education? show the relationship between education and professional​

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Answer:

In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.

Bethany has been assigned the task of shipping all of the exhibit parts for the trade show her company is participating in to Germany. She works with a shipping company and has all the parts packaged together in a crate that will be lifted directly from the company truck to the airplane. When the crate arrives in Germany it will go directly onto another truck and will be delivered to the convention center. What innovation in transportation is Bethany using

Answers

Bethany is using communication innovation to manage the required task.

Communication is the process of relaying information between people or parties about a specific issue. It can be done through various means that will help the flow of that required information.

In the given scenario, Bethany needs to ensure that the exhibit parts are transported to the designated destination. To make that happen, she cannot personally/individually do the work herself. So, she would need the help of a shipping company to help her transport the items for the trade show. This will be made through a communication process where she deals with the shipping company that will do the work for her. And ensuring that the parts are packaged together in a crate, put in an airplane, safely arriving in Germany, and delivered at the convention center, she needs to have a good communication flow and line with the shipping company and the person(s) involved.

Through the process of communication, Bethany is able to ensure the safe and timely arrival of the exhibit parts for her company's trade show. The innovation in transportation that she used is that of communication with the people involved to help her move the exhibit parts and delivered them on time and safely. It is also one important aspect of globalization.

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Military defense is funded by:
A. federal income tax dollars.
B. state income tax dollars.
C. local income tax dollars.
D. FICA.
SUBMIT

Answers

Answer:

A federal income tax dollars because the military defense is part of the federal branch

Military defense is funded by federal income tax dollars. federal Income source is the largest revenue for the US government. The correct option is (A).

What do you mean by the federal income tax dollars?

The federal income tax is utilized for a variety of costs, including constructing and maintaining the nation's infrastructure, enhancing public education and transportation, and offering disaster relief.

No matter where a person lives or works, federal income taxes are based on their income and filing status, and everyone is subject to the same tax rates.

Tax deductions and tax credits are two ways to lower your federal income tax obligation. Taxpayers are the beneficiaries of laws that benefit particular groups of people.

Therefore, Military defense is funded by federal income tax dollars. federal Income source is the largest revenue for the US government.

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Select the ways by which a company can understand its own ability to meet customer needs. (Check all that apply.) Multiple select question. It should consider its production capabilities. It should evaluate its own financial condition. It should understand the skills of its marketing department. It should poll its employees to see what they want the company to produce. It should consider the trade-off between wages and fringe benefits.

Answers

The ways where the company could understand have the capability for meeting out the customer needs are as follows:

The production capabilities should be considered.The financial condition should be evaluated.The marketing department's skills should be understable.

The following information related to the customer needs:

It is a motive where the customer is prompted to purchase the product or service.It watched the customer needs as an opportunity for resolving out or distributing the excess value back to the real purpose.

Therefore we can conclude that the above statements should be considered.

And, the other options should be ignored.

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A customer of a broker-dealer purchases 100 shares of XYZ stock at $50 per share on Monday. Later that week, a confirmation arrives electronically indicating that the total cost of the transaction was $5,000. The client is puzzled that there is no additional charge for commission. The most likely reason for that is

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Answer:

A customer of a broker-dealer purchases 100 shares of XYZ stock at $50 per share on Monday. Later that week, a confirmation arrives electronicallyxplanation:

ASAP ANSWER PLEASEEEE
What did professor Arbiter mean by the statement that the company's objective was "profit, not price"?

Answers

I’m not confident with my answer, but maybe that the company should focus on bringing in profit rather than focusing too much on price. However, price selection is also important to bring in profit.

Name the social issues that you have chosen and motivate why you have chosen it​

Answers

Answer:

I would choose violent crime.

Explanation:

It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.

I hope this helps :)

_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.

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Answer:

employment and labor law

Factors that must be considered before starting up a business ?

Answers

Answer:

factors that must be considered before starting business are:

Explanation:

1)capital

2)raw materials

3) enough knowledge about things

4)market

5)skilled manpower

Answer:

They are

A Business idea

Knowledge of the business

Start up cost

Capital

Demand

Location

What is likely to happen if the price of a product goes up?
A.
The supply is likely to increase.
B.
The supply is likely to decrease.
C.
The demand is likely to cause scarcity.
D.
The demand is likely to increase.

Answers

Option B, The demand is likely to cause scarcity. is the correct answer

Explain how running the school cafeteria is similar to running a command economy.

Answers

Answer:

Running the school cafeteria is similar to running a command economy. The school principal and kitchen staff, similar to a political leader and his/her government provides for the general population. The people in a power position dictate the rules for the cafeteria; what can be served etc.

Hope it helps you.

How does technical education play a vital role to develop the entire nation?

​pls- don´t lie


;)

Answers

Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.

Explanation:

Answer:

Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.

It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.

why did the us saving loans fail

Answers

Answer:

the s&l failure did not cause a problem in the u.s

discuss three consequences of
unemployment on the individuals​

Answers

Answer:

it compells an individual to suffer form various problems like financial hardship and poverty, debt, homelessness and housing stress, family tensions ,etc.

Explanation:

hope it may help you

Being unemployed is a highly stressful situation, so it may cause stress-related health issues such as headaches, high blood pressure, diabetes, heart disease.

There ya go. :)

Important of trade to a country

Answers

Answer:

Getting items only available from other countries.

Explanation:

Many countries rely on eachother to provide what others don't have

A project's discount rate should be based on I. the current risk level of the overall firm II. the firm's interest rate for a levered firm III. the actual sources of funding used for the project IV. an average of the firm's overall cost of capital for the past five years V. None of the above given options is correct

Answers

Answer:

I hope IV is correct answer.

The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.​

Answers

Not sure but good luck

Which of the following involves a loss of personal freedom?
A. Fines
B. Probation
C. Attorney fees
D. Restitution

Answers

Answer:

B

Explanation:

This is because you have done someting wrong

Question 2 of 10
A business that wants to increase its productivity by hiring additional highly
qualified employees would most benefit from an investment in

Answers

Answer:

b.labor

Explanation:

whats mnbhkbhbhjbhbhkb

Answers

It’s jdusvshshdvrdhshsudgd

How can we start a business

Answers

Answer:

1.conduct market research.Market research will tell you if there is an opportunity to turn your plan into successful business

2.write your business plan

3.fund your business

4.pick your business location

5.choose your business location

6.choose your business name

7.register your business

8.get federal and state tax IDs

Jose's Pizza Parlor, Inc., recently acquired controlling interest in Mariana's Pizza Parlor, Inc. This acquisition is called:
(A) Monopoly.
(B) Vertical merger.
(C) Conglomerate merger.
(D) Horizontal merger.

Answers

(D) Horizontal merge

why do individual, business and nations make choices?

Answers

Answer: Since consumers' resources such as time, attention, and money are limited, they must choose how to best allocate them by making tradeoffs. ... When scarce resources are used (and just about everything is a scarce resource), people and firms are forced to make choices that have an opportunity cost

A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable

Answers

Answer:

testamentary trust is the answer.

Answer: hello, your answer would be TESTAMENTARY

Explanation:

i just finished the test and got it right

Identify an accurate statement about groups of customers with similar need sets. Multiple choice question. They always have identical demographics. They belong to a single, homogeneous demographic group. They can have sharply different demographics. They never have varied demographic features.

Answers

When there is a group of customers that have the same requirement sets so the following should be the accurate statement.

The statement "It could have clear various demographics" is correct.

The following information related to the customer is:

It is an individual or the business that buys the goods or services of the company. Without customers, the company could not survive out, neither company could able to make a profit. Now if there are various customers and all have the same kind of needs so it means that there are different demographics.

Therefore all other options should not be considered.

Thus we can conclude that The statement "It could have clear various demographics" is correct.

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How can public health decrease the economic impact on health care?

Answers

Answer:

First, healthier people are more economically productive. Better health also leads to an increase in savings rates—because healthier people expect to live longer and are naturally more concerned with their future financial needs. Another bridge between health and the economy is education.

Explanation:

To decrease buyer power, the firm can a.​Differentiate its product b.​Decrease dependency on a single buyer c.​Sell its products in locations with multiple buyers d.​All of the above

Answers

Answer:

I need these pt thx plz plzpl

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