Economists are concerned with an individual's wants because wants because the existence of wants leads to scarcity.
Explanation:
Wants are the wishes of the human beings. It is the desire that is to be achieved by human beings. Every individual wants something in life for the survival. The wants of human beings has led to the technology advancements and discovery of many new things.
Wants are never ending things in human life. When something is achieved and there arises another want to be achieved again. This is to live better and this betterment will be never ending one, hence, economists view wants of individuals to lead to scarcity.
b-loan interest rate
c-inflation rate
d-All answers are correct.
b. small business loan
c. mortgage loan
d. automobile loan
Answer:
The answer to the question above is letter a. bankruptcy loan
>>>Types of loans:
Student Loans
Mortgages
Auto Loans
Personal Loans
Loans for Veterans
Small Business Loans
Payday Loans
Borrowing from Retirement & Life Insurance
Consolidated Loans
Borrowing from Friends and Family
Cash Advances
Home Equity Loans
Explanation:
b. order the minor to cancel the contract.
c. require the minor to fulfill the contract.
d. allow the minor to cancel the contract.
Answer:
The correct answer is D
Explanation:
Under the doctrine of the stare decisis, the court will look into the past or the similar issues in order to guide their decisions related to the issues. And the past decisions are referred or acknowledged as the precedent.
Precedent is the principle or rule which is legal and it is established or created by the decision of the court. And this decision become the authority or the example for judging or deciding the similar issues.
Therefore, in this case, the trial court when deciding upon the case of D v E, will likely to allow or permit the minor to cancel the contract or the agreement.
Answer:
$2,261,560
Explanation:
Budgeted finished goods inventory (June 1) = beginning = 500 units
Budgeted finished goods inventory (June 30) = ending =80 units
Planned sales (June) = 28,000 units
Direct labor hours = 4.1 per direct labor hour
Direct labor rate = $20 / direct labor rate
June production :
Planned sales + ending inventory - beginning inventory
(28000 + 80 - 500) units
= 27,580 units
Total Direct labor hour required for production :
27,580 × 4.1 = 113,078 labor hours
Cost of production:
Total direct labor hour × rate per hour
113,078 × $20 = $2,261,560
producers
investors
People who make goods and services are called PRODUCERS.
They are called producers because they produce the goods and services needed by the consumers.