There are __ in every economy that are used to produce the goods and services that people want and need
-limited resources
-unlimited resources
-unlimited wants and needs

Answers

Answer 1
Answer:
limited resources
Answer 2

Answer:

There are Limited resources in every economy that are used to produce the goods and services that people want and need.

Explanation:

Edge 2021-2022


Related Questions

Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned

Answers

Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account

Use the following information to answer the question. There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from Y, and $300 worth of goods from firm Z, and produces 250 units of output at $4 per unit. Firm Y buys $150 worth of goods from firm X, and $250 worth of goods from firm Z, and produces 300 units of output at $6 per unit. Firm Z buys $75 worth of goods from firm X, and $50 worth of goods from firm Y, and produces 500 units at $2 per unit. Given this information, what is the economy’s GDP?

Answers

Answer:

$2,775

Explanation:

The computation of the GDP of the economy is given below:

But before that the total value sold by three firms would be determined

Total amount of goods sold by X:

= X sells to Y + X sells to Z

= $150 + $75

= $225

Total amount of goods sold by Y:

= Y sells to X + Y sells to Z

= $200 + $50

= $250

Total amount of goods sold by Z:

= Z sells to X + Z sells to Y

= $300 + $250

= $550

Now

Amount of goods generated by X

= units of output × cost per unit

= 250 units ×  $4

= $1,000

Value of goods generated by Y

= units of output × cost per unit

= 300 units ×  $6

= $1,800

Value of goods generated by Z

= units of output × cost per unit

= 500 units ×  $2

= $1,000

Now GDP is

= [Goods generated by X - Valued added by X] + [Goods generated by Y - Value added by Y] + [Goods generated by Z - Value added by Z]

= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]

= $775 + $1,550 + $450

= $2,775

Which of the following is an example of a real estate investment?

Answers

What is the following may I ask? You can invest in real estate by either buying a property or buying into a real estate investment fund.

What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.

Answers

B

:) hope this helps

I WILL GIVE BRAINLIEST

An asset account called ______________ means that customers can take possession of the good, and pay for it later.

A. Accounts Receivable
B. Accounts Payable
C. Cost f Goods Sold

Answers

Answer:

b account payable is your answer.....

Explanation:

B. Accounts Payable

The answer is option A

Accounts receivable is an amount that a debtor (in this case the customer) owes your business. So this is considered an asset.

Accounts payable is an amount that a creditor (in this case can be us the business) owes a business. This is considered a liability.

Cost of goods sold is the amount a business pays to produce goods to be sold in a specific period of time usually a year. It is recorded on the income statement. It is considered as an expense.

Who was probably the most famous anonymous source in 20th-century journalism?

Answers

Answer: Deep Throat. I know it may sound weird but that’s the answer

Explanation: Hope this helps

which manager designs the product in a business​

Answers

It is a product design manager

Answer:

Product Design Management (PDM)

Explanation:

Product Design Management (PDM) is one of the most important elements in the successful business of designing innovative products for production.

When a formula is cut and pasted or moved without copying, what will Excel do by default?

Answers

Answer:

Excel will automatically change the cell address to reflect the destination location.

Explanation:

Reason being that if you cut and paste it in another cell, the worksheet formular will be unchanged

Answer:

A.) Excel will maintain references to the same cells used in the original formula.

Explanation:

I just got this answer on edg!

Hope this helps have a good day. :)

By completing the requirements of one of the three professional organizations of accountants in Canada, you can become one of three types of accountants. These are:

Answers

Answer:

1. CGA

2. CA

3. CMA

Explanation:

The three types of professional organisations are  

1. CGA-Canada – They provide Certified general accountants certification and train people for providing accounting services in either public or corporate settings. It’s a three-year professional course

2. Chartered Accountants – CAs work in government, industry, nonprofits and private practice and indulge in standard accounting duties, such as tax preparation and auditing as well as strategic planning and management. They are entitled to legally certify the accuracy of financial statements. This is also a three-year course.

3. Certified Management Accountants

4. Certified management accountants (CMAs) – They are less into accounting and more into management and strategy. It’s a two year training program.

Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage

Answers

Answer:

3. a decrease in demand for labor

Explanation:

Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.

The recession may be for the short and long term and be followed by a raid r a slow recovery. Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.

Hence the option 4 is correct.

Learn more about the these are most closely associated with an economic recession.

brainly.com/question/3978009.

Caitlyn has worked in HR for Clearwater Electronics for more than 20 years. She has found that many employees are now more concerned with working in an environment where they can grow personally than with their level of compensation. How can Caitlyn and the HR department best provide opportunities for their employees to grow?

Answers

Answer:

A) HR can provide training and development activities to help employees improve.

Explanation:

In a work environment where employees prioritize personal growth, it is necessary for the human resources department to implement training and development strategies for employees.

The focus on training and organizational development allows companies to develop diagnoses, discover the potential of employees, correct errors, reorganize the work according to the potential of each employee, etc., which makes the work more satisfying, more productive because it motivates and increase employee satisfaction, in addition to being essential for the development of creativity, innovation and differentiated skills.

The best way that Caitlyn and the HR can best provide opportunities for their employees to grow is through the provision of training and development activities to help employees improve.

This question obviously tells us that the employees are less concerned about the pay they receive compared to the growth that they can attain personally.

A way that would help them to attain the growth in their job is through trainings and other development activities.

These would help them to learn new skills and also get better at their jobs.

Read more on https://brainly.com/question/19089510?referrer=searchResults

Complete the following statement.
This
Adrian is attending a marketing conference and seems quite bored with the sequence of events, so he is
1. Slouching I. His chair
2. Leaning forward
3. Crossing his arms
This kind of gesture is an example of
1. Nonverbal
2.verbal

communication.

Answers

Nonverbal, verbal is when you use your voice for something. Hope this helped

ways a business can be involved in the macro environment​

Answers

Private-Public Partnership.
Privately owned service to the Community or Country.
Job Creation.
Increased involvement in Social Responsibility.
Government tenders.
Expansion into Africa.
Taking the lead in an area of technology.

The ways that a business can be engaged in the Macro environment is through the

payment of taxesSpending Borrowing

What is the macro environment?

These are the larger environments that are known to influence a firm in the economy.

The macro environment affects the firms by the political, environmental and social factors in the country.

Read more on macro environment here:

https://brainly.com/question/5511643

Enumerate the reasons why there is no universally accepted definition of the term entrepreneur.

Answers

Answer:

There is no universal definition of entrepreneurship because it is unique from person to person. ... However a person sees a business venture may or may not be exactly the same as to how somebody else sees it.

Explanation:

An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.


rent

purchase of weapons for the military

purchase of software

none of the above

Answers

Answer: salaries of public employees

Answer:

The correct answer on EDEG 2021 is B or purchase of weapons for the military

Explanation:

According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85

Answers

Answer: New credit

Explanation:

According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.

What is credit score?

Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.

A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.

As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.

Learn more about on credit score, here:

https://brainly.com/question/25668115

#SPJ5

3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *

Answers

Answer:

The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.

Explanation:

Can someone help me finish these missing assignments for accounting?

Answers

Yeah I can help with accounting

PLEASE HELP NOW!!! Why is a higher interest rate important when saving money?

A.) It means the person will owe the bank less over time.
B.) It grows savings at a faster pace.
C.) It pays interest on principal and interest.
D.) It requires a lower amount be deposited each month.

PLEASE HELP!!!

Answers

B.) It grows savings at a faster pace.

The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com

Answer:

B.) It grows savings at a faster pace.

Explanation:

Explain how short-term profitability affects pricing.

Answers

A business which focuses too much on short term profitability may not be able to make future necessary expenditures to stay competitive.

Enter Mia’s total profit/loss for the month may account in the box below

Answers

To find the total profit or loss for the month:

Add total fixed and total variable expenses to get total expense.



9,000 + 300 = 9,300

Total expense = 9,300

To get total profit/loss, less total expenses from total revenue.

Total revenue = 9,500

9,500 - 9,300 = 200

Total profit/loss = $200

Out of the choices provided above, it can be concluded to state that the total accounting profits for Mel for the month of May as per the financial statements given above will amount to a total of $200. Therefore, the option D holds true.

What is the significance of accounting profits?

The accounting profits can be referred to or considered as the profits that lead to a total of surpluses of cash balances and reserves for a particular accounting period. If the amount is not in excess of the expenses, it expresses a condition of an accounting loss for the firm.

In the situation given above, Mel's revenues were $9500, but her expenses were $9000 fixed and $300 variable. So, the accounting profits will be $200, i.e., $9500-($9000+$300)

Therefore, the option D holds true and states regarding the significance of accounting profits.

Learn more about accounting profits here:

https://brainly.com/question/15699405

#SPJ2

The missing options are added below for better reference.

A. -$200

b. $300

c. $500

d. $200

HELP: Due tomorrow at 10am! Fill in the blanks (Economics)

Answers

1. Trade-off
2. Factors of production
3. Gun v butter
4. Production possibility curve
5. Training and technology
6. Human capital
7. Marginal cost
8. Unlimited wants but only limited
9. Scarcity
10. Scarcity
11. Inefficiently
12. Opportunity cost
13. Trade off

This is the best I can do.

Answer:

Explanation:

1. Trade-off 2. Factors of production 3. Gun v butter 4. Production possibility curve 5. Training and technology 6. Human capital

7. Marginal cost 8. Unlimited wants but only limited 9. Scarcity

10. Scarcity 11. Inefficiently 12. Opportunity cost 13. Trade off

When looking at the purchase of accounting software, things to avoid include

Answers

Answer:

4) C) software that requires a high annual subscription whether you want the updates or not

Explanation:

Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.


a.legal and irresponsible


b.legal and responsible


c.illegal but responsible


d.legal but irresponsible

Answers

Answer:

d

Explanation:

One of the purposes of market segmentation is to determine the best customer for the service or product and then to target that group
through marketing.
True
False

Answers

Answer:

true

Explanation:

What is a loan???????????

Answers

Answer:

Uhm i did not see the points at first lol im in 6 grade

Explanation:

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.- WIKEPIDIA

Answer:

yes

Explanation:

Help please! Answers 1-6.

Answers

KkAnswer:will do

Explanation:

WILL GIVE BRAINLIEST

IS IT A VARIABLE PR FIXED COST?

1. What type of cost is gasoline for a delivery company?

2. I have a nail salon business - I just recently purchased new pedicure chairs, what type of cost is this?

3. Customers love red nail polish, and the salon must purchase more. The nail salon purchases 12 new bottles for their business. the purchase of nail polish is what type of cost?

4. My business is growing - I purchase a second warehouse, what type of cost is this?​

Answers

Answer:

your answer is 4 .........................

1. Variable cost
2. Fixed cost
3. Variable cost
4. Variable cost

The first step in marginal analysis is to determine
A. what price the company wishes to charge for its products
B. fixed and variable costs for specified quantities of product
C. the marginal cost of producing one additional unit of a product
D. the marginal revenue of producing one additional unit of a product

Answers

Answer: B. fixed and variable costs for specified quantities of product

Explanation: You said it was correct in the comments section.

Answer:

b

Explanation:

took the test

To determine if the bank's Web site is secure, look at the web site address.

True
False

Answers

True. You would need to look at the website address if it shows https s meaning it’s secure.
Other Questions
y = 5x 7 3x 2y = 12 solved by substitution please show the work too so i can understand PLEASE PLEASE answer. I only need help with ONE question. It only involves a short reading. Please, It's in one hour . The body absorbs nutrients through the small intestines. The blood transports these nutrients to every cell in the body. The blood also carries oxygen to every cell. The cells use the nutrients and oxygen to supply the energy the body needs. What three body-systems are working together in this situation?A. nervous, digestive, and circulatory systems B. digestive, circulatory, and excretory systems C. respiratory, circulatory, and digestive systems D. circulatory, immune, and respiratory systems Which of these are a problem associated with melting glaciers.A- New jobs being createdB- Migration - people moving away A store pays $557.55 for a gaming system, and marks the price up 40%. What is the retail price? find the 7th term in the sequence?-1,2,-4,8 Which of the following individuals was President of the SCLC?Dr. Martin Luther King, Jr.Jesse JacksonRalph AbernathyRosa Parks Plz helpI only need BA natural history museum surveyed the people visiting the museum for one month and created a circle graph to show the age of the visitors for that month. a. Find the number of degrees for each part of the museum visitors graph. (8 points) Age 18 and under: Age 19 44: Age 45 64: Age 65 and over: b. If 5000 people visited the museum during the month the survey was taken, how many visitors were there for each age group? (8 points) Age 18 and under: Age 19 44: Age 45 64: Age 65 and over: Make a poem with:Line 1 - 2 syllablesLine 2- 4 syllablesLine 3- 6 syllablesLine 4 - 8 syllablesLine 5- 2 syllables Select the most complete model that shows the cellular structures present in all living cells. Reread lines 6270. What word choices and figurative languagehelp you picture the scene? ok I need help is stranger things or IT better plz help cause I think it and I think stranger things so let's get proof to see which one is better. Find the total surface area of this prism. You can buy 5 cans of beans at the Village Market for $3.20. You can buy 10 of the same cans of beans at Sams Club for $7.30. Which place is the better buy? Twenty divided by the difference of seven and three. Numerical expression Can someone plz help me with this one problem plz!!! solve x best aw gets brain The third term in an arithmetic sequence is 9 and the fifth term is 21 . If the first term if a1, which is an equation for the nth term of this sequence?A:an=6n-9B:an=14n+6C:an=6n+14D:an=9n-6 Write the equation of the line, in point-slope form, that passes through the points (-6, -11) and (-2, -3). What is the slope of the line passing through the points (3,5) and (-1,7)?