BUSINESS HIGH SCHOOL

The difference between a 2.5 percent and a 3 percent annual growth rate over several decades could be the difference between

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Answer 1
Answer: It could be the difference between starvation and mere hunger. This is expained by the great significance that the growth rate can have in a determined population. Economic growth is important because it's allows people to meet their economic wants and lessens the the burden of economic scarcity.

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if keeping expenses to an absolute minimum is a major consideration which of the following offers the best option for attending college

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Community college first to save money.

You produce T-shirts, and it costs $3 to make each shirt. If you choose a price of $5 for each shirt, then you will _____.lose money
earn a profit
just cover your costs

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The answer is earn a profit.
You produce a T-shirt and its cost is 3 dollars to be able to make one.
Now, you choose a price of 5 dollars for each shirt. Therefore:
5 dollars price - 3 dollars capital = 2 dollars profit.
SO, you have earned profit

You plan to number each account in your chart of accounts you want to have major categories and two levels of sub categories each level of category will be represented by a digit you want to have a room in your numbering for at least 10 accounts within the lowest level of subcategories how many digits do you need in your account numbers

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Answer:

umm then u will have 5 account left

The loyalty of customers to a 4 is called _____,a. satisfaction
b. goodwill
c. partnership
d. sole proprietorship

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The loyalty of customers to a company or brand is called B. GOODWILL.

Goodwill is an intangible asset. When you have customer loyalty, this will reflect on the overall performance of the company because all throughout the changes a  company undergo, customers are always there.

Goodwill of customers will bring more potential clients to the company making them earn more without spending much money on advertisements. When you satisfy the needs and wants of your clients, they tend to share their good experiences with others. Thus, encouraging other to experience your goods or services first-hand.

its B.....just finished the lesson

Which of these describes the fundamental conflict of economics? a. the need for government control and the desire for an unregulated market b. the management of limited resources to satisfy unlimited wants c. the competition of different sellers in the marketplace d. the balance of supply and demand Please select the best answer from the choices provided A B C D

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Answer:

b. the management of limited resources to satisfy unlimited wants.

Explanation:

If the resources were unlimited, or the wants were limited,  it would be quite possible to satisfy every single need and want in an almost automatic way - there would be no need for economy as such. Unfortunately, that is not the case, so we need to find ways to assign all our limited resources. That's where the government, the markets, the economic agents and the supply and demand step in.

It is in the market where we are able to trade our goods for other goods (e.g.: we trade our money for apples) - we have something, we need another thing, so we trade what we do have for what we don't have.

You cannot ask for a very high price in exchange for your good, because no one would want to buy it from you - they'd rather go see if the competition has a better deal for them.

On the other hand, what if all the sellers agree to sell their goods at a fixed price, or what if somehow one of them becomes the sole owner of the good? The consumer wouldn't have much of a choice, then, so the market would stop being efficient - supply and demand might not be adequately balanced around their equilibrium price. That's were the government and the market regulations come into the picture.

So, as you can see, the fundamental conflict of economics is that there are not enough resources to satisfy all our unlimited wants.

Answer:

The answer is B: the management of limited resources to satisfy unlimited wants

Explanation:

Which of the following is NOT a component of the FITT acronym?a. frequency
b. type
c. fitness
d. time

Answers

Fitness is not a component of the FITT acronym, whereas the other options are. FITT stands for frequency, intensity, time, and type.

the answer is C. fitness
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