This statement is related to the concept of consumer surplus.
What is Consumer Surplus?Consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a product and the actual amount paid.
In this case, the consumer paid $51 for a crew neck, but the current price is $45, which means that they could have paid $6 less for the same product.
Therefore, the consumer could have received a $6 consumer surplus if they had purchased the crew neck today instead of yesterday.
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How do patents help promote competition?
A. They support people who wish to copy and profit from registered inventions
B. Knowing inventions can be protected and encourages people to create new things
C. The owner of the patent can prevent other people and businesses from innovation
D. A patent can discourage businesses from offering new or improved goods and services
The answer is B. Knowing inventions can be protected and encourages people to create new things. Please give the other person Brainliest. They deserve it.
Hope this helps! :)
1. What are 2-3 reasons why the product (saving or investing) might be a good option for someone to use for growing their money?
2. What are 2-3 reasons why the product (saving or investing) might NOT be a good idea for someone to use for growing their money?
1. Some reasons why a savings account or investment can be a good option for someone to use to increase their money is that it generates long-term compound interest in addition to generating a security reserve.
2. And some reasons why a savings or investment might not be a good option for someone to increase their money is lack of information about both and high risk.
How to make good investments?It is essential that investors seek information about investments and their profile, in order to identify the best options in line with their desires and needs, in addition to diversifying their investment portfolio to reduce risks.
Therefore, saving and investing are positive methods to increase money, generate greater control over your financial resources and greater long-term security.
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When searching for information on a potential employer, you should look in the following places:
What do you check for while researching a possible employer? Choose all that apply. -the company's product or service -company history -related industry news.
What does it mean to do research?
Research is a systematic investigation that includes data gathering, documenting of key information, and analysis and interpretation of that data/information in accordance with appropriate procedures established by certain professional domains and academic disciplines.
Research is a way of gathering qualitative and quantitative data, confirming it, and drawing conclusions, whereas searching is an art form that involves knowing about search engines and taxonomies and being able to utilize them successfully to discover data and answers.
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How did you find the total cost included within the job sheet for number 2?
To find the total cost on a worksheet, you'll need to add up the fixed costs and variable costs for the entire production.
What is the total cost?It is the cost of the entire production.These are all expenses of an institution.To calculate the total cost you will need to identify all fixed costs and all variable costs in the table and add them together.
Fixed costs are costs with elements that are always present in production such as employee salaries, and energy expenditure, among others.
Variable costs are costs that are not present in production all the time, such as service providers, machine repairs, among others.
You have not shown the table you refer to. This makes it impossible for me to answer your question exactly, but I hope this helps.
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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1. Use each of the three terms below in a sentence that illustrates the
meaning of the term.
a. check clearing
b. bank holding
company
c. required reserve
ratio
a. Check clearing is the process by which banks exchange and settle checks, ensuring that the funds are transferred from the payer's account to the payee's account.
b. A bank holding company is a corporation that owns and controls one or more banks, but does not directly engage in banking activities itself.
c. The required reserve ratio is the minimum amount of funds that banks must hold as reserves, as a percentage of their customers' deposits, which is determined by the central bank or regulatory authority.
For example, when you deposit a check at your bank, the check clearing process begins, with your bank sending the check to the payer's bank to verify and transfer the necessary funds.
An example could be: XYZ Corporation is a bank holding company that owns and oversees three different banks, each offering various financial products and services to their customers.
To illustrate this, if the required reserve ratio is 10%, a bank with $1 million in customer deposits would need to maintain at least $100,000 in reserves to comply with regulations
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During 2021, Raines Umbrella Corporation had sales of $772,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $465,000, $104,500, and $150,000, respectively. In addition, the company had an interest expense of $74,400 and a tax rate of 25 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible). Suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. Is this possible? If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt?
Answer:
Paying out $102,000 in cash dividends is possible
Net new long-term debt $26,100
Explanation:
Calculation to determine the net new long-term debt
Sales $772,000
Less Cost of goods sold $465,000
Gross profit $307,000
($772,000-$465,000)
Administrative and selling expenses $104,500
Depreciation expenses $150,000
Earning before interest tax $52,500
($307,000-$104,500-$150,000)
Interest expense $74,400
Profit or Loss before tax ($21,900)
($52,500-$74,400)
Less Tax 25% $0
Add Depreciation expense $150,000
Net Cash flow $128,100
(-$21,900+$150,000)
Dividend $102,000
Net new long-term debt $26,100
($128,100-$102,000)
Therefore Based on the above calculation Paying out $102,000 in CASH DIVIDENDS is possible even though the Net income is Negative, its operating cash flow is $128,100 positive which means that the company has enough cash balance to pay dividends of $102,000. The Net new long-term debt is $26,100
Benjamin is a massage therapist who drives his car to clients, performing massages in their homes or even in their offices. He writes off the transportation expense at tax time. What is MOST likely Benjamin’s employment situation?
a. commission
b. hourly, working for salon
c. salary, working for salon
d. self-employed
It is MOST likely Benjamin’s employment situation option d. self-employed .
It is most likely that Benjamin is self-employed. This is because he is driving his own car to clients' locations and performing massages there, which suggests that he is working as an independent contractor or freelancer rather than as an employee of a salon or other company.
As a self-employed individual, Benjamin would be responsible for paying his own taxes, including self-employment taxes, and would likely be able to deduct expenses such as transportation costs on his tax return.
It is worth noting that the other options presented - commission, hourly working for a salon, and salary working for a salon - typically imply that the individual is an employee of the salon rather than self-employed.
In these scenarios, the salon would typically be responsible for providing the necessary equipment, scheduling appointments, and in some cases, reimbursing employees for transportation expenses.
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at at each vs the project risk analysis and management program should produce
At each phase, the project risk analysis and management program should produce Deliverables.
Option C is correct.
In project management, what exactly is project risk analysis?Risk analysis looks at how the impact of a risk event might change the project's outcomes and goals. After risks are identified, they are examined to determine their qualitative and quantitative impact on the project, enabling appropriate mitigation measures to be taken.
Risk analysis looks at how the impact of a risk event might change the project's outcomes and goals. After risks are identified, they are examined to determine their qualitative and quantitative impact on the project, enabling appropriate mitigation measures to be taken.
Incomplete question :
At each phase, the project risk analysis and management program should produce:
A) Alternatives.
B) A budget.
C) Deliverables.
D) Meetings.
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A firm is more likely to engage in horizontal foreign direct investment if
Answer:
a form is more likely to engaging horizontal foreign direct investment if ...
How would you address mental challenges and age-related issues with exercising?
Answer:
Explanation:
Having someone to exercise with you makes it more enjoyable. ... Make exercise a priority and set time aside during the day. ... Identify activities that they enjoy. ... Start slowly and advance the exercise program gradually. ... Set realistic expectations. ... Be supportive.Establish objectives & targets – Planning & communication – Develop a detailed budget – Review & approval – Implementation and management
Establish objectives & targets – Develop a detailed budget – Planning & communication – Review & approval – Implementation and management
Planning & communication – Establish objectives & targets – Review & approval – Develop a detailed budget – Implementation and management
Planning & communication – Establish objectives & targets – Develop a detailed budget – Review & approval – Implementation and management
In management, the correct Budgeting Process includes:
Planning & communication|
Establish objectives & targets|
Develop a detailed budget|
Review & approval|
Implementation and managementWhat is a Budgeting Process?A budget is an essential tool for all organization as it helps to keep track of its income and expenditure.
The budgeting process refers to the process of putting a budget in place. This process of budgeting involves planning and forecasting, implementing, monitoring and controlling, and finally evaluating the performance of the budget.
Hence, the Budgeting Process include Planning & communication – Establish objectives & targets – Develop a detailed budget – Review & approval – Implementation and management.
Therefore, the Option D is correct.
Missing word "Which Of The Following Describes The Correct Budgeting Process?"
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How can the federal reserve influence the interest rate on credit cards?
A. By shutting down credit card companies that set rates too high.
B. By raising taxes on companies that provide high-interest credit cards.
C.By adjusting the discount rate banks pay to borrow.
D.By setting up federal credit card companies with low rates.
Answer:
C. By adjusting the discount rate banks pay to borrow
Explanation:
A P E X
The federal reserve can influence the interest rate on credit cards by raising taxes on companies that provide high-interest credit cards. Thus, option B is appropriate.
The American financial system's heart is the Federal Reserve System. After a string of financial panics prompted the need for centralized supervision of the monetary system to prevent financial crises, it was established on December 23, 1913, following the passage of the Federal Reserve Act.
Banks and other lenders' interest rate-setting processes are influenced by Federal Reserve decisions. To finance anything from a car or home to your purchases using a credit card, higher Fed interest rates equate to more expensive borrowing charges.
Thus, option B is correct.
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In which of the following scenarios would an executive benefit from the insights provided by operations management systems software?
Multiple Choice
An executive wants to know which employees have been trained on their new manufacturing process.
An executive wants to know why there are delays in their customers receiving their product.
An executive wants to know what marketing message is having the biggest impact with customers.
An executive wants to know why it is taking longer to manufacture their product.
An executive would benefit from the insights provided by operations management systems software in the scenario where: d. they want to know why it is taking longer to manufacture their product.
In which would an executive benefit from the insights provided by operations management systems software?Operations management systems software is designed to help organizations manage their production and manufacturing processes, optimize resources, and improve efficiency. It provides real-time data and insights into various aspects of the production process, including inventory management, supply chain management, and production scheduling.
Therefore, in the scenario where an executive wants to know why it is taking longer to manufacture their product, operations management systems software can help identify bottlenecks and inefficiencies in the production process, allowing the executive to make data-driven decisions to improve productivity and reduce costs.
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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
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Question 9 of 10
Governments can cause the supply of a good to decrease by:
OA. funding training related to making the good.
B. investing in new technology to produce the good.
C. reducing the taxes paid to make the good.
D. adding expensive regulations on the good.
SUBI
Answer:
D
Explanation:
hope this helps I'm not sure if it's correct
if you have 2 children, ages 2 snd 4, how much should you record in step 3 of form w-2
Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy:Direct materials: 6 microns per toy at $1.50 per micron Direct labor: 1.3 hours per toy at $21 per hourDuring July, the company produced 3,000 Maze toys. Production data for the month on the toy follow:Direct materials: 25,000 microns were purchased at a cost of $1.48 per micron. 5,000 of these microns were still in inventory at the end of the month.Direct labor: 4,000 direct labor-hours were worked at a cost of $88,000.Required: 1. Compute the following variances for July:a. The materials price and quantity variances.b. The labor rate and efficiency variances.
Answer:
1. a. The materials price and quantity variances
Material price variance: Standard cost per micron is $1.50 and actual cost per micron is $1.48. So, price variance is 1.48 - 1.5 = $(0.02) per micron
Quantity variance: Based on standard bill of material, Dawson Toys need 3,000 x 6 = 18,000 microns to produce 3,000 Maze toys. Actual consumption volume is 25,000 - 5,000 = 20,000 microns. So, quantity variance is 20,000 - 18,000 = 2,000 microns.
1. b. The labor rate and efficiency variances
Actual labor rate = Actual labor cost / Actual hour = 88,000/4,000 = $22 per hour.
Efficiency variance = Actual labor rate - Standard labor rate = 22 - 21 = $1 per hour.
2. Prepare a brief explanation of the possible causes of each variance.
Direct material cost variance: Total actual material cost is 20,000 x 1.48 = $29,600, higher than standard material cost of 18,000 x 1.5 = $27,000. This is mainly due to higher production waste as compared to standards.
Direct labor cost variance: Total actual labor cost is $88,000, higher than standard labor cost of 4,000 x 21 = $84,000. This is mainly due to lower labor rate per hour than expected.
Explanation:
From the case Ford Hybrid Car Case, by ARVIND RANGASWAMY
Develop forecasts of hybrid car penetration in the U.S. market from 2007 through 2016 for each scenario you develop, along with a justification and explanation for your forecasts. (In applying the Bass model, note that market penetration data for the three analog products mentioned in the case, namely, ABS, EFI, and Diesel cars, were all reckoned in terms of the percentage of the target market that adopted the product. Thus the maximum market potential can at most be equal to 100).
The forecasts of hybrid car penetration in the U.S. market from 2007 through 2016 for each scenario are Optimistic, Pessimistic and Realistic.
Scenario 1: Optimistic
In this scenario, I assume that the following factors will contribute to the growth of the hybrid car market:
Increasing awareness of the environmental benefits of hybrid carsGovernment incentives for purchasing hybrid carsContinued improvement in the performance and affordability of hybrid carsBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach 10% by 2016.
Scenario 2: Pessimistic
In this scenario, I assume that the following factors will hinder the growth of the hybrid car market:
High price of hybrid carsLack of charging infrastructureConsumer resistance to changeBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach only 5% by 2016.
Scenario 3: Realistic
In this scenario, I assume that the following factors will influence the growth of the hybrid car market:
A combination of the factors in the optimistic and pessimistic scenariosBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach 7% by 2016.
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D
Question 12
A formal approach to familiarize a new staff member to its values and polices. What type of
organizational learning does this describe?
O employee mentorship
O employee orientation
O employee training
employee development
The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is B. employee orientation.
What is organizational learning?Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.
Organizational learning enables employees to:
Share insightsBrainstorm togetherSolve problemsImprove performance.Thus, familiarizing new staff members with the organization's values and policies involves employee orientation, not employee mentorship, training, or development.
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Is democracy a prerequisite for economic growth?
Answer:
The problematic debate of economic growth in the developing societies in 50s and 60s has been replaced by the aspiration of the new wave of democratization. Despite the dominant beliefs in the past decades, neither the achievement of political independence nor the practice of the market economy in these countries has resolved the problem of underdevelopment. Yet, many argue that democracy is a prerequisite of economic growth in these countries. Recent economic growths in a few authoritarian societies on one side, and the experiences of sustained democracy with below the average economic growth in other underdeveloped countries demonstrate that democracy alone is not the magic key to the long persisted underdevelopment. Democratization of society, however, through industrialization, economic growth, education, expansion of the middle class (not necessarily through a market economy) wo holds a demand for political participation, is a fundamental step toward a stable and authentic democracy. This can be achieved by the recognition of the new status of the developing societies as the potential competitors of the industrial world in the global market, and with the technical assistance and cooperation of the West.
A marketing practice whose goal is to generate traffic from search engines through both paid and unpaid efforts is called : __________
a. search marketing.
b. sentiment marketing.
c. social media marketing.
d. content marketing.
e. digital marketing.
Answer:
ahm... the answer is A and I hope i can help more just focus in your study
Merritt Equipment Company sells computers for $1,630 each and also gives each customer a 2-year warranty that requires the company to perform periodic services and to replace defective parts. During 2017, the company sold 950 computers. Based on past experience, the company has estimated the total 2-year warranty costs as $40 for parts and $60 for labor. (Assume sales all occur at December 31, 2017.)
In 2018, Merritt incurred actual warranty costs relative to 2017 computer sales of $11,200 for parts and $16,800 for labor.
Required:
a. Under the expense warranty approach, give the entries to reflect the above transactions (accrual method) for 2017 and 2018.
i. To record sale of computers
ii. To record estimated warranty expense
iii. To record expenditures towards warranty
Answer:
For this given question, find the entries recorded on the transactions (accrual method) for 2017 and 2018.
Explanation:
Solution
Entries on the above transactions (accrual method) for 2017 and 2018.
Date Particulars Debit ($) Credit ($)
2017 Accounts Receivable
(1630*950) 1548500
Sales revenue 1548500
(To record sale of computers)
2017 Warranty Expense
(40+60)*950 95000
Warranty Liability 95000
To record liability against warranty costs)
2018 Warranty Liability 28000
Inventory 11200
Cash, Accrued payroll 16800
what is the background of the unilever company?
Answer:
Ueliever somthing i forgot
Explanation:
how is order fulfillment important in a logistical organization
The power of the customer has never been greater, and the expectations of the customer have never been higher. Your brand's reputation, your business's profitability, and your ability to keep customers are all impacted by how well you complete orders.
In terms of logistics, what does order fulfilment entail?Receiving, packaging, and delivering orders is the process of order fulfilment. A buyer buys a product, and the process is complete when they get it.
What advantages do customers receive when they use an order fulfilment service?Utilising an order fulfilment provider enables you to easily ramp up for sales spikes and cut back as necessary. smaller workforce The requirement to recruit, develop, and oversee employees is removed by a fulfilment services provider. You don't have to fire any staff members if sales slump.
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PLEASE HELP!! This is economics/business work. Will give brainliest if correct!!
Your parents invested $1000 into an account when you were born. The account has an interest rate of 6% and compounds monthly (12 times per year). Calculate how much the account would be worth on your 20th birthday if no other activity took place.
Answer:
$3,310.20
Explanation:
The applicable formula in this case is
A = P x ( 1 + r )^ n
Where A= amount after 20 years
P is principle amount= $1000
r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12
n is number of periods = 12 months x 20 years
A = $1000 x ( 1 + 0.005) ^240
A = $1000x (1.005) ^ 240
A =$1000 x 3.31020447580
A =$3,310.2044
In 25 words or fewer, explain how changes in the number of undocumented workers since 1995 affects HR management.
Today's HR departments—at least the forward-thinking ones—spend their energy managing employee engagement and bolstering culture rather than concentrating on people management and administrative responsibilities.
What is HR management?
In order to effectively and efficiently manage people in a company or organisation and provide it a competitive edge, it is known as Human Resource management (HRM or HR). In support of a company's strategic goals, it is made to optimise staff performance. The primary focus of Human Resource management, which also emphasises systems and policies, is the management of individuals inside businesses. The management of pay and benefit systems, as well as employee recruiting, training, and development, falls within the purview of HR departments, which are also in charge of regulating these areas. Organizational transformation and labour relations, or the balancing of organisational practises with obligations emerging from collective bargaining and governmental regulations, are other issues that HR is concerned with.
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In 25 words or fewer, explain how changes in the number of undocumented workers since 1995 affects HR management.
Economics
Consumer Priced Index (CPI) - Expresses the current price of a basket of goods or services in terms of the prices during the same period in a previous year.
Gross Domestic Product (GDP) - Monetary value of all the finished goods and services produced within a countries borders in a specific time period.
Macroeconomics - The study of large scale economic factors such as overall workings of a national economy and its relationship to international markets.
Microeconomics - The study and analyses of individual consumers and firms to understand the decision-making process of households and firms.
Choice - A consumer's decision to purchase one good or service over an alternative.
Scarcity - When demand is higher than availability.
Answer the following questions based on the above economic definitions:
What does CPI compare?
A) Money to People
C) Dollars to Euros
B) Purchasing power at different times
D) Wal-Mart to Target
What is the basic relationship between scarcity and choice?
A) Planned Economy
B) Free Enterprise
C) Strategic Industry
D) Absolute Advantage
What would help you decide if the price of a soda has increased or decreased?
A) Choice
B) GDP
C) Scarcity
D) CPI
What your family buys and sells is considered
A) Macroeconomics
B) Microeconomics
Pls help I can’t answer this last 4 questions.
Answer:
Here are the answers to the remaining questions:
What does CPI compare?
Answer: B) Purchasing power at different times
What is the basic relationship between scarcity and choice?
Answer: D) Absolute Advantage
What would help you decide if the price of a soda has increased or decreased?
Answer: D) CPI
What your family buys and sells is considered
Answer: B) Microeconomics
I hope this helps! If you have any more questions, feel free to ask.