answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorC [24]
2 years ago
13

Which of these statements demonstrate the economic concept of scarcity? check all that apply. all useful resources are limited i

n their supply. everyone is able to meet all their wants and needs the wants and needs of people are unlimited. resources are scarce, which explains why we are willing to pay for them. a large economy is able to eliminate the effects of scarcity. because of scarcity, individuals must make choices?
Business
2 answers:
Zigmanuir [339]2 years ago
7 0
The following statements describe the economic concept of scarcity:
1. All useful resources are limited.
2.Resources are scarce which explain why we are willing to pay for them.
3. Because of scarcity, individuals must make choices.
In economics, scarcity is the study of how people attempt to satisfy their needs and wants by making choices. The principle of scarcity states that limited goods and services are available to meet unlimited wants.
adelina 88 [10]2 years ago
4 0

Answer:

All useful resources are limited in their supply.

The wants and needs of people are unlimited.

Resources are scarce, which explains why we are willing to pay for them.

Because of scarcity, individuals must make choices.

Explanation:

You forgot one :)

You might be interested in
MARS Chocolate Company is making an estimate of the amount of candy it expects to sell during the Christmas season based on a sp
igomit [66]

A

Explanation:

Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner

8 0
2 years ago
If a law enforcement officer suspects your vehicle is not properly maintained or does not comply with florida motor vehicle equi
Schach [20]

<em>If a law enforcement officer suspects your vehicle is not properly maintained or does not comply with Florida motor vehicle equipment standards, the officer </em><em>will forbid you to drive to the highway </em>

<h2>Further Explanation </h2>

Motorized vehicles are vehicles that are driven by technical equipment for movement, and are used for land transportation. Generally, motor vehicles use internal combustion engines, but electric motors and other types of engines (eg hybrid electric vehicles and plug-in hybrids) can also be used. Motorized vehicles have wheels, and usually walk on the road. The types of motorized vehicles can vary, ranging from cars, buses, motorbikes, off-road vehicles, light trucks, to heavy trucks. The classification of motor vehicles varies depending on the country.

<h3>Standardization of motor vehicles in the federal state: </h3>
  • Control and display
  • Transmission shift lever sequence, interlock starter, and transmission braking effect
  • Brake hose
  • Lights, reflective devices, and related equipment
  • Rearview and side mirror
  • Theft Protection
  • Motor vehicle brake fluid
  • Motorcycle brake system
  • Motorcycle control and appearance
  • Accelerator control system
  • Alert device
  • Light vehicle brake system
  • Tire pressure monitoring system
  • Motorcycle helmet
  • Fuel system integrity
  • Flammability of interior materials
  • Platform lift system for motorized vehicles
  • Installation of platform lifts in motorized vehicles
  • Low-speed vehicle

Learn More

Standardization of Driving brainly.com/question/4190637

Motor Vehicle Rules brainly.com/question/4190637

Details

Grade: High School

Subject: Business

Keyword: standardization, vehicle, motor

6 0
2 years ago
Read 2 more answers
A new tax business, Taxes Done Right, will purchase a copying machine. After speaking with their financial advisor, they find th
Juli2301 [7.4K]

Answer: $2,845.57965

The principal to be deposited semiannually would be $2,845.58 (rounded to 2 decimal places)

Explanation:

Using compound formula below

A = p (1 + r/n)^nt

A =amount= $3,300

r = rate = 5% = 5/100 = 0.05

n = number of compounding rate (semiannually) =2 interest payments a year

t = time in years= 3

3,300 = p (1 + 0.05/2)^2(3)

3,300 = p (1 + 0.025)^6

3,300 = p (1.025)^6

3,300 = 1.15969342p

Divide both sided by 1.15969342

p = $(3,300/1.15969342)

p = $2,845.57965

p ≈$2,845.58 rounded to 2 decimal places.

4 0
2 years ago
At the beginning of the period, a company reported $100,000 of common stock, $10 par; and $50,000 paid-in capital in excess of p
Romashka-Z-Leto [24]

Answer:

$50,000

Explanation:

To calculate the amount of cash that the company received from selling common stock during the year 2 we can use the following formula:

cash received = (common stock year 2 - common stock year 1) + (paid in capital in excess of par year 2 - paid in capital in excess of par year 1) =  

cash received = ($110,000 - $100,000) + ($90,000 - $50,000) = $10,000 + $40,000 = $50,000

3 0
2 years ago
You have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at yo
ycow [4]
<span>I look at her curiously after hearing her response before proceeding to respond, "Why aren't you? I thought you getting promoted was a sure thing from the last time we talked and I even overheard some of your bosses talking about it when I came to pick you up the other day." I questioned.</span>
6 0
2 years ago
Other questions:
  • As the Board of Governors of the American Red Cross considers planning, one option is to make strategic plans and then direct ma
    8·1 answer
  • 16. You must maintain a minimum balance of $50 in your checking account. You currently have a balance of $280. a. Write and solv
    13·1 answer
  • On June 1 of the current year, Cross Corp. issued $300,000 of 8% bonds payable at par with interest payment dates of April 1 and
    6·1 answer
  • ABC International can borrow $4,000,000 at LIBOR plus a lending margin of 0.65 percent per annum on a three-month rollover basis
    5·1 answer
  • Every day, 500 airplanes in San Francisco incur an additional 30 minutes of airport delays when flying into or out of the airpor
    7·1 answer
  • Company C is identical to Company D in every respect except that Company C uses LIFO and Company D uses average costs. In an ext
    12·1 answer
  • Azure Inc. assigns $4,000,000 of its accounts receivables as collateral for a $3 million loan with a bank. The bank assesses a 3
    11·1 answer
  • Item 8Item 8 Rick’s Cafe is a new restaurant in town. It has Rick, (the owner), five waitstaff, two cooks, a busboy, and a hoste
    15·1 answer
  • On January 2, 2018, Hernandez, Inc. signed a 10-year noncancelable lease for a heavy duty drill press. The lease stipulated annu
    14·1 answer
  • Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!