If the price of a bus ride decreases and the total revenue of the bus company decreases, it suggests that the demand for bus rides is elastic.
Elastic demand means that a change in price leads to a relatively larger change in quantity demanded. When the price of a bus ride decreases, if the demand is elastic, people respond by significantly increasing their demand for bus rides.
However, the increase in quantity demanded is not enough to compensate for the decrease in price, resulting in a decrease in total revenue for the bus company. This occurs because the percentage decrease in price is greater than the percentage increase in quantity demanded.
Therefore, in this scenario, the demand for bus rides is elastic, indicating that consumers are responsive to changes in price, but the increase in quantity demanded is not sufficient to offset the decrease in price, leading to a decrease in total revenue.
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50 points each
“When you drink alcohol you are just borrowing happiness from tomorrow.”
“Your stomach thinks all potato is mashed.” ...
“I wonder what my dog named me?
”We eat pizza from the inside out. ...
If you live to be 70 years old you will spend TEN YEARS of your life on Monday. ...
Sometime in the future, someone will say your name for the last time. ...
Deaf people probably don't understand why farts are funny. ...
The word ambiguous only has one meaning.These are not my memories. ...
No one knows how anyone feels. ...
You are neither the first nor the last. ...
You are someone's ancestor. ...
Today the Earth is more beautiful than it will be tomorrow. ...
You only know you were happy when you no longer are. ...
If we're alone it's frightening. ...
Every thing could be the last thing.
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Answer:
that x-ray has arthritis
Answer:
Hey mate.....
Explanation:
Facts were very true......can't join pad let now....
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Job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is ______.
The cost transferred to cost of goods sold for the sale of 600 of the units is 120,000. Frequently, market analysts use models with two sources of info: actual capital, with amount K and work, with amount L.
What is Total cost?In financial matters, total cost (TC) is the base dollar cost of creating some amount of result.
This is the total monetary cost of creation and is comprised of variable cost, which changes as indicated by the amount of a decent delivered and incorporates information sources like work and natural substances.
Work #4260 comprised of 1,000 units at a total cost of $200,000. The cost moved to cost of products sold for the offer of 600 of the units is
Total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The negligible cost can likewise be determined by tracking down the subordinate of total cost or variable cost. Both of these subsidiaries work in light of the fact that the total cost incorporates variable cost and fixed cost, yet fixed cost is a consistent with a subsidiary of 0.
The total cost of delivering a particular degree of result is the cost of the multitude of variables of creation. Total cost in financial matters incorporates the total open door cost (benefits got from the following best other option) of each element of creation as a feature of its fixed or variable costs.
Therefore The extra total cost of one extra unit of creation is called minor cost.
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The amount of money that a worker's compensation claimant can recover is ________.
Group of answer choices
preset as established by statute or regulations
dependent on whether the employer carried worker's compensation insurance
fixed at the federal level
dependent on how quickly the claim was filed
The amount of money that a worker's compensation claimant can recover is dependent on various factors and is not fixed at the federal level.
It may be preset as established by statute or regulations, and it can also depend on whether the employer carried worker's compensation insurance. The amount of money that a worker's compensation claimant can recover is influenced by several factors and can vary depending on the specific circumstances and jurisdiction. While there are general principles and guidelines, the exact amount is not fixed at the federal level. Worker's compensation laws are typically established at the state level, and each state may have its own statutes and regulations governing the compensation amounts. These laws set certain parameters and guidelines for the compensation benefits, including the maximum and minimum limits for different types of benefits.
Additionally, whether the employer carried worker's compensation insurance can impact the amount a claimant can recover. If the employer has insurance coverage, the claimant may be entitled to benefits within the limits set by the state's laws and the insurance policy. However, if the employer does not have insurance coverage, the claimant's options for recovery may be different and could involve other legal processes. Therefore, the amount of money that a worker's compensation claimant can recover is not a fixed amount but depends on various factors such as statutory regulations, insurance coverage, and the specific circumstances of the claim.
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Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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What is the relationship between interest rates and aggregate spending?
A.
when interest rates increase, aggregate spending also increases
B.
when interest rates increase, aggregate spending decreases
OC. they do not have any relation
OD
both the factors are affected favorably by any external factor
O E.
both the factors are affected adversely by any external factor
Answer:
B. when interest rates increase, aggregate spending decreases
Explanation:
Interest rates and aggregate spending have an inverse relationship. An increase in interest rates results in a decrease in aggregate expenditure. Interest refers to the cost of money, while aggregate spending is the total consumption in the economy.
When the cost of money is high, firms and households will stop borrowing, which reduces spending. It means businesses will not expand, and domestic consumption reduces. The net effect is a lower demand for goods and services, resulting in lower aggregate spending.
Answer:
when interest rates increase, aggregate spending decreases
Explanation:
I just took the test, good luck everyone
A timber company harvests trees by using a process of selective cutting. To minimize soil erosion it subsequently replants areas disturbed by logging roads. These actions are an example of a planetary management. b stewardship. c valuation d ecosystem services.
The actions of the timber company in selectively cutting trees and replanting areas disturbed by logging roads are an example of stewardship.
Stewardship refers to the responsible management and protection of natural resources for the benefit of present and future generations. In this case, the timber company is using sustainable practices to ensure the longevity of the forest ecosystem. This approach is in contrast to planetary management, which views nature as a resource to be exploited for human benefit without regard for long-term consequences. Valuation refers to the process of assigning economic value to ecosystem services, such as the benefits provided by forests, while ecosystem services refer to the benefits that humans receive from the natural environment, such as clean air and water.
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Because the scope of a business message for an expert is more detailed than that for layperson, what can business writers use when writing for an expert that they can't use for a layperson
When writing for an expert, business writers can use jargon that a layperson cannot.
When writing for an expert, business writers can use industry-specific jargon, technical terms, and acronyms that are commonly understood within the field. These specialized terms can communicate complex ideas and concepts more efficiently and precisely than layperson language, which may be too simplistic or general.
Using jargon can demonstrate to the expert reader that the writer understands the subject matter and can convey information effectively.
Business writers are experts in their field and are knowledgeable about specialised concepts. A layperson, on the other hand, is someone who isn't highly specialised and doesn't know much about a specific subject. As a result, business writers cannot use jargon when writing for the general public. Because jargon is a type of word that is frequently used by experts but is not fully understood by others.
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the complete question is:
Because the scope of a business message for an expert differs from that for a layperson, what can business writers use when writing for an expert that they cannot use when writing for a layperson?
A. graphics B. slang terms
C. colloquial language D. jargon E. examples
go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.
Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.
To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:
Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.
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Products related in such a way that an increase in the price of one reduces the demand for the other.
Complements are products that increase the use of other products, products related in such a way that an increase in the price of one reduces the demand for both.
A complementary appropriate is a service or product that offers fee to some other product or service. In different words, they may be things that the patron utilises in conjunction with each other. Cereal and milk, for example, or a DVD and a DVD
A Complementary exact is a product or service that provides price to another. In different phrases, they may be two items that the purchaser uses together.
A complementary product is an object that is offered collectively with the primary product. Those merchandises are used in conjunction, so complementary goods frequently bring little cost or can not be used one after the other, including petrol, SIM card, and baking powder.
Complements are items that might be consumed together. Substitutes are goods wherein you may devour one in region of the alternative. The prices of complementary or alternative items also shift the call for curve.
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What are countries that borrow from the IMF required to do?
IMF Terms February 22, 2021 When a country borrows from the IMF, its government agrees to adjust its economic policies to address the problems that led it to seek financial assistance. These policy adjustments are a condition for IMF loans and serve to ensure that countries will be able to repay the IMF.
The IMF or International Monetary Fund is an international financial institution within the United Nations system. The IMF's goal is to improve the living standards of its member countries with a focus on macroeconomic issues. The IMF was founded on December 27, 1945, which handled 44 countries. Source of finance: Member country quotas are the main source of IMF finance. Member quotas reflect a country's size and position in the world economy.
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Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?
The benefits of mobile banking include Convenience, time saving, Easy to monitor, Bank on the go and many more.
What is mobile banking?Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.
Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.
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The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
what are the communication differences between downward, upward, and lateral communication sent through small group networks and the grapevine?
In small group networks and the grapevine, the message travels quickly and in a straight line because the group members are usually tightly interconnected.
Downward communication: This type of communication follows a traditional, top-down approach. It's a chain of command in which communication goes from higher-ups to lower-level workers. It takes the form of orders, directives, and rules.
Upward communication: Upward communication is the reverse of downward communication. It goes from the lower levels of the organization to the higher levels. Upward communication is a way for lower-level workers to provide feedback to their superiors about their work or the organization as a whole. The message travels more slowly and erratically in small group networks and the grapevine because the message has to travel through different individuals before it gets to the intended recipient.
Lateral communication: This form of communication is horizontal, with people on the same level of the organization communicating with one another. This form of communication aids coordination and joint problem-solving among peers. Small group networks and the grapevine make lateral communication more efficient by bringing people from various departments together who may not have had the chance to work together otherwise.
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it is important to note that numerical results are not very useful unless they are accompanied with clearly stated actionable business t or f
It is important to note that numerical results are not very useful unless they are accompanied by a clearly stated actionable business. The statement is True.
What is business?An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.
It's crucial to keep in mind that numbers simply are not very beneficial unless they are supported by a specifically stated, executable business plan. It suggests that the character might devise a method to increase comprehension and provide the perfect idea.
Therefore, the statements is True.
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In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?
Answer:
In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.
Explanation:
A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.
If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.
if a certain market were a monopoly, then the monopolist would maximize its profit by producing 4,000 units of output. if, instead, that market were a duopoly, then which of the following outcomes would be most likely if the duopolists successfully collude? group of answer choices
The best alternative is option a. If the duopolists successfully collude, they would likely agree to produce and sell the same quantity of output as the monopolist, which is 4,000 units, in order to maximize their joint profits. This would allow them to behave like a single monopolist and charge a higher price than if they were competing against each other.
If a certain market were a monopoly and the monopolist would maximize its profit by producing 4,000 units of output, then if the market were a duopoly and the duopolists successfully collude, the most likely outcome would be:
The duopolists would collectively produce 4,000 units of output, and they would share the market power and profits similar to a monopolist.
In this case, successful collusion would allow the duopolists to act like a single monopolist, setting production levels and prices to maximize their combined profits. This outcome depends on the duopolists' ability to maintain their agreement and avoid competitive behaviors that could lead to lower prices and reduced profits for both firms.
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if a certain market were a monopoly, then the monopolist would maximize its profit by producing 4,000 units of output. if, instead, that market were a duopoly, then which of the following outcomes would be most likely if the duopolists successfully collude? group of answer choices
a. each Duopolist produce 4000 units
b. each Duopolist produce 1500 units
c. one Duopolist produce 2400 units of output and other 1600 of output
d. one Duopolist produce 3000 units of output and other 1500 of output
what describes initial public offering?
Answer:
refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Explanation:
Why is it important to understand the specific steps related to the phases of
economic development?
Suppose that the financial ratios of a potential borrowing firm took the following values: X1 = Net working capital/ Total assets = .10
X2 = Retained earnings/Total assets = .20
X3 = Earnings before interest and taxes/Total assets = .22
X4 = Market value of equity/Book value of long-term debt = .60
X5 = Sales/Total assets ratio = 0.9
Calculate and interpret Altman's Z-score for this firm.
The firm's Altman Z-score is 2.326.
Altman's Z-score is a measure developed by Edward Altman to assess the financial health and bankruptcy risk of a company.
It combines several financial ratios to provide an overall score.
The formula for Altman's Z-score is as follows:
Z-score = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 0.99X5
Given the following values:
X1 = Net working capital / Total assets = 0.10
X2 = Retained earnings / Total assets = 0.20
X3 = Earnings before interest and taxes / Total assets = 0.22
X4 = Market value of equity / Book value of long-term debt = 0.60
X5 = Sales / Total assets ratio = 0.9
Let's calculate Altman's Z-score:
Z-score = 1.2(0.10) + 1.4(0.20) + 3.3(0.22) + 0.6(0.60) + 0.99(0.9)
= 0.12 + 0.28 + 0.726 + 0.36 + 0.891
= 2.326
Interpreting Altman's Z-score:
Z-scores below 1.8 indicate a high probability of bankruptcy.
Z-scores between 1.8 and 2.7 suggest a gray area, indicating some financial distress.
Z-scores above 2.7 indicate a low probability of bankruptcy.
Although it falls within the gray area, it is closer to the safe zone (above 2.7) and indicates a relatively low probability of bankruptcy.
Altman's Z-score is just one measure and should be considered along with other factors and analysis when assessing a company's financial health and bankruptcy risk.
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Prompt What is advertising?
Answer:
An advertisement (often shortened to advert or ad) is the promotion of a product, brand or service to a viewership in order to attract interest, engagement and sales. Advertisements come in many forms, from copy to interactive video, and have evolved to become a crucial feature of the app marketplace.
it is estimated that logistics costs including transportation, distribution center operations, and order processing represent of the retail price that you pay for a new car. multiple choice question. 5 to 10 percent 15 to 20 percent 25 to 30 percent 35 to 40 percent
It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.
How much does logistics cost?
The term "logistics" is used more widely to describe the procedure of organizing and transporting resources, such as personnel, supplies, goods, and equipment, from one area to storage at the desired location. The transportation of supplies and equipment to troops in the field is referred to as logistics in the military.What do different kinds of logistics cost?
Fixed and variable logistics costs are the two main categories of logistics expenses. Fixed logistics expenses are those that don't change very often, including rent, taxes, etc., while variable costs change based on the number of items involved and other considerations.Learn more about logistics cost
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Shirley took out a loan from the bank today for x. She plans to repay this loan by making payments of $440. 00 per month for a certain amount of time. If the interest rate on the loan is 0. 84 percent per month, she makes her first $440. 00 payment later today, and she makes her final monthly payment of $440. 00 in 5 months, then what is x, the amount of the loan? an amount less than $2,154. 00 or an anmount greater than $2,667. 00 an amount equal to or greater than $2,154. 00 but less than $2,363. 00 an amount equal to or greater than $2,363. 00 but less than $2,574. 00 an amount equal to or greater than $2,574. 00 but less than $2,612. 00 an amount equal to or greater than $2,612. 00 but less than $2,667. 0
To solve this problem, we can use the formula for the present value of an annuity, PV = PMT *\([1 - (1 + r)^(-n)] / r\) where PV is the present value, PMT is the monthly payment.
r is the interest rate per month, and n is the number of months. Substituting the given values, we get: Therefore, the amount of the loan is $2,200. Checking the given options, we can see that the answer is in the range of "an amount equal to or greater than $2,154.00 but less than $2,363.00", which is the third option. In summary, Shirley took out a loan of $2,200, and she plans to repay it over five months by making monthly payments of $440.00 at an interest rate of 0.84% per month.
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Management, can anyone help me?
I think it is C I looked up some stuff and they all add up to C
Cash revenue generated from notes receivable appears in the operating activities section of the statement of cash flows but as a non-operating item on the income statement. True or false?.
Although the income statement classifies the cash revenue from notes receivable as a non-operating item, it does show in the operating activities part of the statement of cash flows.
Cash Revenue is defined as any cash income that the borrower receives as a result of its operating activities, as computed for any applicable period in line with generally accepted accounting principles.
Revenue is the money that a company receives from the sale of its products and services. Cash flow refers to the net sum of money a business receives and expends. The success of a company's sales and marketing can be measured by its revenue, whereas a company's cash flow is more of a liquidity indicator.
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To control pollution, industry has been given limits and been threatened with punishment if these limits are violated. This approach is called ________.
A) limit and manage
B) paddle to the bottom
C) command and control
D) end of the alley
E) carrot and stick
The approach of giving limits to industry and threatening punishment if these limits are violated is called C) "command and control".
What is the "command and control" approach in pollution control, and how does it work?
Under a command and control approach, the government sets specific regulations and standards that industries must meet to control pollution. The industries are required to comply with these regulations, and failure to do so can result in fines, penalties, or other forms of punishment.
The command and control approach is a traditional regulatory approach that has been used to control pollution and other environmental issues for many years. However, it has been criticized for being inflexible and expensive for businesses to comply with. In recent years, other approaches such as market-based mechanisms and voluntary programs have been developed as alternatives to command and control.
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which of the following is defined as falsely claiming competence in a skill, usually because that skill is in high demand.? question 11 options: a) breach of the duty of care b) software piracy c) resume inflation d) professional malpractice
The correct answer is c) Resume inflation. Resume inflation is the practice of exaggerating or falsifying skills, qualifications, or job responsibilities on a resume or other professional profile in order to make it seem more impressive.
The term that is defined as falsely claiming competence in a skill, usually because that skill is in high demand is the Resume Inflation.What is Resume Inflation?Resume Inflation is a dishonest, fraudulent, and illegal practice in which an individual dishonestly represents themselves on their resume or job application as having qualifications, education, and abilities that they do not actually possess. Because a skill is in high demand, an individual may use it to inflate their résumé, making them appear more capable than they are.The common reason why people falsely claim competence in a skill is that the skill is in high demand. As a result, if one claims to have such skills, they are more likely to be employed, which is an advantage over other applicants. It is essential to note that resume inflation is illegal, dishonest, and fraudulent, and may result in criminal charges as well as termination of employment.Summary:Resume Inflation is the term that is defined as falsely claiming competence in a skill, usually because that skill is in high demand. The practice is dishonest, fraudulent, and illegal, and may result in criminal charges and termination of employment.
So, The correct answer is c) Resume inflation. Resume inflation is the practice of exaggerating or falsifying skills, qualifications, or job responsibilities on a resume or other professional profile in order to make it seem more impressive.
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An upper-level is manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. What business strategy does this represent?.
An upper-level manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. This represents a differentiation business strategy.
What are business strategies?A business strategy lays out the course of action that will be taken to fulfill the organization's vision and goals, as well as how to make decisions that will increase the company's financial stability in a cutthroat market.
In order to differentiate themselves from the products that their rivals may provide in the market, businesses must offer clients something special, distinctive, and different. Increasing competitive advantage is the main goal of putting a differentiation strategy into practice.
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Select the correct answer.
Who needs to acquire a liquor license?
A.
a bartender
B.
the owner of an establishment
C.
an executive chef
D.
a food processing specialist
soem say that running a resaturant is both an art and a science managing the preperation of food and serving it to the customers is an example of
soem say that running a restaurant is both an art and a science managing the preparation of food and serving it to the customers is an example of the operations management.
Simply put, what is a restaurant?In a restaurant, you can eat food while paying for it. Typically, a waiter or waitress will bring your food to your table in a restaurant. The eatery offers brunch, lunch, and dinner. The restaurant's service was courteous, and the cuisine was good.
Why is providing food important?Food safety at home must be ensured by proper food serving practices. The interval between the conclusion of cooking and the meal that you and your family consume is crucial. If you don't handle and serve cooked foods appropriately, a foodborne illness incidence could happen.
i understand that you are looking for,
some say that running a restaurant is both an art and a science managing the preparation of food and serving it to the customers is an example of
a) operations management
b) service
c) scheduling
d) resource management
the correct option is A
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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