Business, 18.03.2021 02:10 mirellaenriquez5529

THESE ARE TRUE OR FALSE WILL MARK BRAINLIEST!! 1. A want is something that you desire to have because it adds pleasure to your life.
2. In economics, wants are considered to be limited.
3. There are only two kinds of economic resources: human and natural.
4. Scarcity is a problem that is faced by individuals, businesses, and governments.
5. Economic decision making is a process requiring five important steps.
6. An arrangement that allows buyers and sellers to come together to trade goods and
services is called a sale.
7. With voluntary exchange, there are no controls on the activities of buyers and ellers.
8. When the government hires new employees, it is participating in the marketplace.
9. In a system of capitalism, interaction in the marketplace determines what will be produced
with the resources available.
10. The profit motive provides incentive for owners to work hard.
11. The three roles that everyone must perform are worker, consumer, and citizen.
12. The consumer role, making decisions about what to buy, is performed only by individuals
and businesses.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 21:20

According to the u.s. census bureau (), the median household income in the united states was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $57,230 in 2015. in purchasing power terms, how did family income compare in each of those four years? you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 237.0 in 2015

Answers: 3

Answer

Business, 22.06.2019 03:40

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Answers: 2

Answer

Business, 22.06.2019 23:50

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer

Answers: 1

Answer

Business, 23.06.2019 02:10

Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.

Answers: 1

Answer

You know the right answer?

THESE ARE TRUE OR FALSE WILL MARK BRAINLIEST!! 1. A want is something that you desire to have becau...

Questions

Business, 25.11.2020 14:40

Xtra Company purchased a business from Argus for $96,000 above the fair value of its net assets. Argus had developed the goodwill over 12 years. How m...