economics is the study of how limited resources are used to satisfy human wants. economists look at the causes and effects of the choices people make. list 3 decisions that you have made in the last 24 hours.

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Answer 1

Answer:

whether I should buy 1killo of orange or 2killo banana

Answer 2

A fundamental law of nature states that the quantities of labor, capital, land, and entrepreneurial resources that can be employed to produce products and services are finite. It implies that there are a finite number of resources available to the economy at any given time to produce products and services.

What three problems must an economic system solve?

It's possible to question and remove unsourced material. The three basic economic questions that must be addressed and resolved by economic systems as a sort of social system are: "How much and which alternative commodities and services shall be created?" and "What kinds and amounts of goods shall be produced." How should products be made?

Limitations on resources and insatiable human desire are the root causes of all economic issues. It develops as a result of a lack of resources that can be used in other ways. Each community must make choices about how to use its limited resources. In general, resource allocation is the main issue in an economy.

Thus, The amount of labor, money, land and entrepreneurial resources that can be used to create goods and services is limited, according to a fundamental rule of nature.

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Related Questions

an external auditor is required to be independent when performing:

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Answer:

Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. ... Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services

An external auditor is required to be independent when performing: their duties.

Who is an auditor?

An auditor is someone who is responsible for evaluating the validity and reliability of a company or organization's financial statement. An accounting record so audited will be relied upon by management and investors in making their investment decision.

Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services.

Hence, an external auditor is required to be independent when performing their duties.

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Nasdaq, the American Stock Exchange, and the OTC market collectively form the

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Answer: Stock market

Collectively, the markets of Nasdaq, the American Stock Exchange, and the OTC market form the Stock Market.

What is the stock market?

This is a market where shares or stocks in different companies are sold amongst people.

There are various components in the stock market of the United States including Nasdaq, the American Stock Exchange and the OTC market.

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is when a product is sold from the manufacturer to the end consumer, with no wholesale or retail

companies in between.

A. Direct distribution

B. Extraction

C. Hospitality

D. Subcontracting

Please select the best answer from the choices provided

A

0 00

D

Mark this and retum

Save and Exit

Next

Submit

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Answer:

a

Explanation:

Which of the following accurately defines tolerance in the context of measurement?

A. Ability to convert measurements based on the situation

B. Permissible deviation from a specified measurement

C. Process of adjusting measurement devices

D. System of ranking the precision of measurements

Answers

Answer:

B:Permissible deviation from a specified measurement

Explanation:

Permissible deviation from a specified measurement accurately defines tolerance in the context of measurement. Thus, option B is the correct option.

What is tolerance?

Tolerance is used to describe the provision of an appropriate range of admission from ideas, deeds, or behaviors that someone considers to be morally repugnant but still “tolerated,” because those who should not be outlawed or restricted are those who should be tolerated.

The word “tolerance” throughout the context of measuring refers to the spread seen between the highest and lowest proportions with permitted mistakes. Tolerance is another name for a legally permissible range of flaws, such as quality requirements.

Tolerance in the setting of assessment is defined as that of the allowed variance of a given measurement. Therefore, option B is the correct option.

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factors such as the increasing number of women in the workforce and the growing number of older workers exemplify which force for change outside the organization?

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Answer: demographic characteristics

Explanation:

24. When documenting animal data, what is typically not included in the record?


pedigree
breeding plan
weight
estimated lifespan

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the answer is most likely breeding plan. i may be wrong though. hope this helps

Did your marketing efforts create more accurate expectations about the product?

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Answer:

Yes...But is a written statement of your company's marketing goals and plan for achieving them..This section of the marketing plan describes the features of the product and its benefits for people in your target market.

This is where you discuss the needs, desires, and fears of your target market and consider how you can use these emotions to make your product's benefits most attractive..

Explanation:

Hope it helps you..

But If you don't get my answer, i-its fine..(;ŏ﹏ŏ)

B-but... Y-your welcome in advance..

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Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.

Answers

Answer:

to remind

Explanation:

because you need to persuade people and inform people and before you do that you have to evaluate

a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a

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Answer:

the answer is black market

which common form of external data helps marketers understand what influences a consumer’s purchasing behavior?

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External data that helps marketers understand what influences a consumer’s purchasing behavior is psychographic data.

What is psychographic data?

Psychographic data is used to create a profile of customers' viewpoints, areas of interest, and motivators for action. It includes an individual's beliefs, opinions, preferences, and personality traits.

Psychographic information concentrates on emotional factors like motives, priorities, etc whereas demographic information frequently emphasizes physical factors like age, race, gender, geography, etc.

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identify two ways to deposit money into and withdraw money out of your checking account.

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Answer:

There are two ways to make deposits and withdrawals from a checking account: by going to a bank branch and working with a bank teller, or by using the nearest ATM.

Explanation:

a company recorded an event that had no affect on total assets, net income, or cash flow. this could have been caused by ______.

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If a company recorded an event that had so effect on assets, income or cash flow, his action could have been caused by writing off an uncollectible account.

A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.

If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.

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why should teenagers, in particular, look for no fee savings accounts?

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It is best that when teenagers get an account, that they get one that has no fees because they have a limited amount of money coming in.

In general, teenagers don't earn a lot of money, any bank account that they get therefore, should be one that doesn't reduce this little amount of money that they get.

It is therefore best that teenagers try to find accounts that have little or reduced fees. To this end, some banks offer teenage savings accounts that:

Don't charge for ATM withdrawalsDon't charge for transactions on a debit card

In conclusion, teenagers should try to get accounts that do not have fees attached so as not to reduce the limited income they probably get.

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what is the name of the document that tells you what you need to pay on your credit card?

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Answer:

A billing statement, commonly referred to as a bill.

Explain the technique of making bamboo based handicrafts with an example.​

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Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.

What is the process of making bamboo handicrafts?

The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.

The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.

A stool is a seat for a single person without any backrest.

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What are the key factors to consider when selecting a payment app?

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Answer:

With that in mind, there are numerous things to think about when selecting one for your needs.

Proper Credit Card Encryption. ...

Ability to Easily Handle Sales, Plus Process Returns. ...

A Report-Generating Feature. ...

Capability to Create Digital Receipts.

Explanation:

please help me asap!

Answers

Answer:

Indirect

Explanation:

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beginning inventory is $60,000. purchases of inventory during the year are $100,000. cost of goods sold is $120,000. what is ending inventory?

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Answer:

Beginning inventory is $60,000. Purchases of inventory during the year are $100,000. Cost of goods sold is $120,000. What is ending inventory? $40,000

Explanation:

Which statement describes the effect of inflation?

A. Inflation does not affect the value of an object.

B. Inflation does not affect the cost of an object.

C. Inflation increases the cost of an object or decreases the value of
an object.

D. Inflation decreases the cost of an object or increases the value of
an object

Is it C?

Answers

Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services

The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.

What is the effect of the inflation?

Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.

Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.  

Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.

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latoya filed her tax return on february 10th this year. when will the statute of limitations expire for this tax return?

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Answer:

The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,Latoya’s statute of limitations for the tax return will end 3 years from April 15th.

Explanation:

what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?

Answers

1. Doing a better job than rivals by performing value chain activities more cost-effectively.

2. Revamping the overall value chain to eliminate or bypass cost-producing activities.

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accountants who work at the corporate headquarters of a large department store chain use state-of-the-art systems to create financial statements every day, but the interpretation and analysis of those statements can take several hours. the accounting department consists of financial, managerial, and tax accountants. one advantage of departmentalizing the accountants is:

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The major advantage of departmentalizing the accountant is because its ensure maximum efficiency since employees could coordinate work within the department function.

Simply put, the term "Departmentalization" refers the process of grouping activities or function into section under the same department.

For instance, every company have an accounting department. The process of sub-grouping the accounting department into legal compliance or financial control, Reports and financial statements, Budgeting etc is known as departmentalization.

The process of Departmentalization has numerous advantages but one particular advantage is that employees with similar expertise can coordinate the work between themselves to achieve efficiency.

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If Frica Morrison a machine operator at Stanley Foundry, makes $513.66 a week and has 33 in FIT withheld, how many allowances has she claimed?

A 0
B 1
C 2
D 3​

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Using the Single's Person Weekly payroll distribution , the number of allowances claimed by Frica Morrison will be 3.

Given that :

Weekly pay = $513.66Federal income tax withheld = 33

From the payroll table, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the table(attached) that Federal income tax withheld of $33 falls under the 3 allowances claimed.

This means that for Frica to have $33 withheld from his weekly pay of $513.66, then he must have claimed 3 allowances.

Therefore, the Number of allowances claimed by Frica Morrison is 3.

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please help me asap!

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I believe that a company does not pay for publicity.

what is enterprenuship

Answers

Answer:

Entrepreneurship is the creation or extraction of value.

Explanation:

generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

Answer:

the activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Which customers are typical for the Agriculture, Food, and Natural Resources career cluster? SELECT FOUR OPTIONS!!!!
A) a power company needing solar panels
B) a local fresh market
C) a business working with trained animals
D) a person buying large quanities of wheat
E) a person learning about geography
F) a family on a camping trip

PLEASE HELP ITS WORTH 50 POINTS!!!!!

Answers

Answer:bcde

Explanation: kids cant work so not f and solar panels have nothing to do with the farmers so not a

The customers that are typical for the Agriculture, Food, and Natural Resources career cluster are a local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip. Thus option (B), (C), (D) and (F) are correct.

Who are customers?

Customers are individuals or organizations who purchase goods or services from a seller or provider. They are the people or entities who pay for and use the products or services that a business offers.

The relationship between a business and its customers is a crucial aspect of its success, as satisfied customers are more likely to return for future purchases and recommend the business to others.

A local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip are the customers are typical for the Agriculture, Food, and Natural Resources career cluster. Therefore, option (B), (C), (D) and (F) are correct.

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if the senate wants to expel a member, how many senators have to agree?

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Answer:

25

Explanation:

if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is

Answers

The cost of ending inventory under the average-cost method is $75,250.

The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.

Average cost method = total cost of inventory bought / total units bought

(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000

Total units bought = 5000 + 15,000 + 20,000 = 40,000

Price of inventory = $430,000 / 40,000 = $10.75

Cost of ending inventory = $10.75 x 7000 = $75,250.

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which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outcomes to a protected class?

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Answer:

searchhhh mo saaa

Explanation:

GOOoogle

as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for their products, which is an example of:

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The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.

Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.

As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.

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