The study of economics would be superfluous (unnecessary) if ______________ did not exist. capital demand scarcity corporations profit
Answers
The study of economics would be superfluous (unnecessary) fundamental ideas did not exist. capital demand scarcity corporations profit. Making decisions wouldn't be necessary if resources were boundless and available to everyone. There would be no need for economics, the science of decision.
One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.
In economics, the term "scarcity" describes a situation in which there is a limited supply of a resource and a high demand for that item. Because of the scarcity of resources, consumers must choose how to best deploy those resources to meet as many of their wants and requirements as feasible.
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Could anyone who is good at business course help me on this question, please? :))
Identify three ways in which a study might be classified as bad research.
Answers
Answer:
The three ways in which a study might be classified as bad research is described below in detail.
Explanation:
Lack of Research: When a study does not satisfy the research process conditions, it is not recognized to be a legitimate one.No Evidence: When researchers displease to present compelling testimony of their conclusions then, such work is not be trusted and the research becomes unreasonable. Biased opinions: A study, which serves all the method, contributes proof but is biased in one approach or the other, then such research is also classified as void.A person who does not have capacity to contract may later contract.
A. accept
B. disaffirm
C. counteroffer
D. enforce
Answers
Answer:
B.) Disaffirm
Explanation:
I just took it and got it correct
Answer:
B
Explanation: I just took it
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result Group of answer choices the supply of oil and the demand for oil are both perfectly elastic over short periods of time. the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time. the supply of oil and the demand for oil shift to the right over short periods of time. the supply of oil is very elastic and the demand for oil is very elastic over short periods of time.
Answers
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Answers
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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Which of these would be most likely to be included in CPI
Answers
Answer:
Frozen Pizzas
Explanation:
Info from the video:
"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."
Frozen pizza is an expenditure that could be bought by individuals and families in a household.
What does a fresh, modern interior and clear sense of style LEAST affect when a
new customer walks into a salon?
(1 point)
a tone
a price point
an expectation
a standard
Answers
Option B. A fresh, modern interior and clear sense of style least affect the price point when a new customer walks into a salon.
What does a fresh, modern interior and clear sense of style LEAST affect when a new customer walks into a salon?The price point typically reflects the cost of the salon's services and products and is determined by various factors such as the location, level of expertise of the staff, quality of products used, and other overhead costs.
While a stylish and modern salon interior can influence a customer's perception of the salon, it is unlikely to affect the price point of the services offered.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
An instrument used to enlarge or reduce a map is known as
Answers
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Tim's $2,500 boat trailer was stolen from his driveway. Ignoring any deductibles, how much can Tim receive for his stolen trailer when he files a claim against his homeowners policy?
Answers
Answer:
generally $1,000, but some policies can cover up to $1,250
Explanation:
Home insurance provides only very limited protection to boats or other watercraft that you might own. They are also very specific circumstances under which they will be covered and as long as it happens within your residence. In this case, since the boat trailer was stolen from your driveway you insurance policy will probably cover it, but the amount is relatively small. Most policies will cover only $1,000 and some might even cover up to $1,250, but generally the lesser amount is covered. If you own a boat it is usually recommended to get a boat insurance policy.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUwhich of the following can impact your credit score
The number of times you choose credit when given the choice between debit and credit at a register
you’re a debit to credit ratio
if you buy items at full price or at a discounted price when using credit
Types of items you’re buying using credit
Answers
Answer: B. your Debt to Credit ratio
Explanation:
Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.
Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:
= 10,000/50,000 * 100
= 20%
Generally the lower this ratio, the better the contribution to your credit score.
What are three important of trade agreements?
Answers
Free trade agreements provide chances for both large and small Australian firms to profit from increased trade and investment, which in turn boosts economic activity & job creation in Australia.
What are the 3 trade agreements?Regional trade agreements include the European Union (EU), Asia-Pacific Economic Cooperation, Central American Free Trade Agreement (CAFTA-DR), and North American Free Trade Agreement (NAFTA) (APEC).
Free trade agreements (FTAs) enable manufacturers and exporters in the United States increase their access to international markets. Trade obstacles are removed via bilateral and international agreements, tariffs are lowered or eliminated, and economic progress is encouraged. Through trade, countries may expand their markets and receive goods and services that would otherwise not be available locally.
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This is calculated by dividing the net profits by net sales.
sales margin
profit margin
sales revenue
net revenue
Answers
Answer:
Profit margin
Explanation:
Profit margin = Net profits / Net sales
Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.
Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death and libel all fall within a field of civil law known as:
Answers
Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death, and libel all fall within a field of civil law known as tort law.
Tort law encompasses civil wrongs or harms that result in legal liability and provide grounds for a lawsuit. It is a branch of civil law that seeks to compensate individuals who have suffered harm or injury due to the wrongful actions or omissions of others. Tort law aims to provide remedies and compensation for the injured party, deter future wrongdoing, and uphold standards of conduct in society.
Within tort law, various categories of wrongful acts or civil wrongs are recognized. Products liability deals with the legal responsibility of manufacturers or sellers for defective products that cause harm to consumers. Medical malpractice involves negligence or improper treatment by healthcare professionals. Battery refers to intentional harmful contact or physical violence against another person. Invasion of privacy addresses violations of an individual's right to privacy. Trespass refers to unauthorized entry or interference with someone's property. Wrongful death involves a death caused by someone's negligence or intentional act. Lastly, libel pertains to false and damaging written statements.
All these specific areas of civil law fall under the broader umbrella of tort law.
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The Lecturer will provide each student with four case scenarios. Students will have the opportunity to analyze and write four 625-word responses to the four case study questions.
Here is the four scenario
1. Ford motor company
2. best buy
3. diamond
4. social enterprise
Answers
Ford motor company focuses on the automotive industry, Best Buy focuses on the retail industry, Diamond focuses on the jewelry retail, and Social Enterprise focuses on the social or environmental mission alongside its financial goals.
Ford Motor Company: This case scenario likely focuses on the automotive industry, with a specific emphasis on Ford. Students may be asked to analyze Ford's business strategies, financial performance, market position, or any current challenges the company is facing. They can research and discuss topics such as Ford's product development, competitive landscape, sustainability initiatives, or international expansion plans.
Best Buy: This case scenario probably revolves around the retail industry, with Best Buy as the focal point. Students may need to examine Best Buy's competitive advantage, marketing strategies, customer experience, or digital transformation efforts. They can explore topics like Best Buy's omnichannel approach, e-commerce growth, partnerships with technology vendors, or initiatives to adapt to changing consumer preferences.
Diamond: This case scenario might pertain to the diamond industry, covering aspects such as mining, trading, or jewelry retail. Students could be asked to analyze factors influencing diamond prices, ethical considerations in the industry, or the impact of lab-grown diamonds on the market. They can discuss topics such as diamond certification, supply chain transparency, conflict-free sourcing, or emerging trends in the diamond industry.
Social Enterprise: This case scenario likely focuses on a business that has a social or environmental mission alongside its financial goals. Students may be required to evaluate the impact of a social enterprise, its business model, sustainable practices, or the challenges faced by such organizations. They can explore topics like social entrepreneurship, corporate social responsibility, stakeholder engagement, or measuring the social and environmental outcomes of a business.
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What I need to do if I want to resells products from Amazon? It is legal? Tell the requirements.
Answers
Answer:
All i know is no its not illegal at all .
Explanation:
Answer:
No.
Explanation:
Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose.
Question 7 of 25
Social Security withholding is an example which tax
Answers
Answer: regressive tax
Explanation:
4. If your checking account's balance is
$3,678.89 and you withdraw $1,514, what
is the remaining balance?
A $2,164.89
B $5,192.89
C$2,614.89
D $3,678.89
(Step by step ) please
Answers
Basically just subtract, 3,678.89-1514 = 2,164.89
What is the best way to be compensated for your work? And why
O Annual Salary
O Hourly Wages
Sales Commission
O There is no one BEST way to be compensated.
Answers
PLZ PLZ PLZ HELP THS IS DUE TODAY!!!
Dealing with advertising clutter is one of the challenges of database marketing.
False
True
Answers
Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors
Answers
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer: External factors
Explanation:
An art restorer, after attending art school for a number of years, secured a job restoring the paintings for an art museum. After several years on the job, the artist discovered that he could imitate the artwork of nearly any artist. He decided that he could make some extra money copying the artwork of up-and-coming artists, while staying away from more well-known artists to reduce his chance of getting caught. An art collector searching for a painting by a new artist saw the restorer at an art fair selling various paintings, one of which appeared to be by the new artist. The restorer was selling the painting for $100. The collector thought that the price was very low and that the painting should probably sell for around $500, but she bought the painting anyway, giving the restorer $100 after the restorer confirmed that the painting was an original from the new artist. After taking it to an art appraiser for insurance purposes, she discovered that the painting was a forgery. However, she also discovered that the painting's frame was worth about $125. With which theft offense may the art restorer be charged
Answers
Answer: False pretenses.
Explanation:
The art restorer ma be charged with false pretenses. An individual will be charged with take pretense when the person makes an intentional statement so that he or she can defraud a victim.
In this case, through false pretense, the art restorer defrauded the art collector of $100 since the painting was forgery. The art restorer obtained title to another person's property in this case through false pretense is as to defraud the art collector.
what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
Answers
Answer:
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What is integrity\(\color{Blue}\huge\boxed{Answer} \)
C.The ability to come up with new plans or ideasWhich option best describes a professional person?
A.
a person who behaves well with coworkers and clients
B.
a person who is punctual
C.
a person who has never harmed others
D.
a person who shares your values
E.
a person who is well qualified
Answers
Answer:
b
Explanation:
Answer:
b a person who is punctual
Explanation:
Scott and Tatiana just purchased a piece of land and a tractor. They plan to start growing and selling organic eggplant.
1. They have heard that the market for organic eggplant is perfectly competitive. What does that mean in terms of long-run profit?
a) Firms will earn positive economic profits in the long-run.
b) Firms will earn negative economic profits in the long-run.
c) Firms will earn zero economic profit in the long-run.
d) Firms will earn zero accounting profit in the long-run.
Answers
c) Firms will earn zero economic profit in the long-run. In a market with perfect competition, businesses won't ever experience economic profit.
This means that while firms may earn accounting profits, their economic profits (which include the opportunity cost of resources) will be zero. The market forces of competition drive prices down to the point where firms can only cover their costs and earn a normal rate of return on their investment.
In a perfectly competitive market, there are several characteristics that contribute to the long-run equilibrium of zero economic profit
Many Competing Firms: There are a large number of firms operating in the market, each producing a small fraction of the total output. This prevents any individual firm from having significant market power to control prices.
Homogeneous Products: The products offered by each firm in the market are identical or very similar in nature. Consumers perceive no meaningful differences between the products of different firms, leading to a high degree of substitutability.
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How did the mongol conquests affect the italian economy?.
Answers
Answer:
The mongols unified much of Asia into one trade network, lowering prices creating a demand
for goods in Europe.
Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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a company decided to price its product with the penetration strategy. what advantage does the company potentially create by selecting this type of pricing strategy?
Answers
With penetration strategy, the advantage the company potentially create is Due to the goodwill developed among inventors and early adopters, it can build demand through word-of-mouth advertising.
What is meant by Penetration strategy?The idea of a penetration strategy is to work aggressively to significantly increase one's share of total sales in a market. A business may often make things or purchase goods at a reduced cost as a result of the increasing sales volume, which allows it to raise its profit margin.
The promotions for introductory low prices for select fresh items that you frequently notice when you enter a supermarket are the ideal instances of penetration pricing. In order to boost demand for the organic goods they sell, Costco and Kroger use penetration pricing.
A market penetration strategy is essentially a method of introducing a new product into an established market (where existing or similar products already exist) (from your company or organization).
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QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting, and the one with the most votes wins. This is an example of:
Answers
Answer:
majority rule
Explanation:
Sun Spot Inc. has a bond with a face value of \( \$ 1,000 \) and a current market price of \( \$ 951.61 \). This bond has a yield to maturity of \( 2.38 \% \) and a \( 3.28 \% \) annual coupon. In how
Answers
The market value of a bond is calculated by the sum of the present values of all the cash flows. The first cash flow is the coupon payment which is received annually and the second cash flow is the redemption amount which is received at maturity.
To calculate the price of the bond, we will need to determine the present value of each of these cash flows.The cash flows are as follows:-Annual Coupon (C) = $32.80Maturity (Face) value (FV) = $1000The YTM on the bond is 2.38%The coupon is paid annually. The bond has a 3.28% coupon rate.
Let us calculate the price of the bond using the following formula:-Bond Price = (C / r) * [1 - 1 / (1 + r)^n] + FV / (1 + r)^n Where, r = YTM / m (m is the frequency of payment)C = Annual coupon FV = Face Value n = Number of years to maturity Using the above formula we get the following bond price:- Bond Price = (32.8/2.38%)*[1-1/(1+2.38%/1)^20]+1000/(1+2.38%/1)^20= $951.61Thus, the bond price of the Sun Spot Inc. is $951.61.
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