People who make goods and services are called PRODUCERS.
They are called producers because they produce the goods and services needed by the consumers.
-Data Entry Clerk
-Marketing Manager
-Business Analyst
Answer:
The answer is: Business analyst
Explanation:
A business analyst is someone that helps companies find solutions to their organizational problems in a cost effective way. He tries to satisfy the requirements of business units or projects by communicating them to upper management or the board, and providing possible solutions.
There are too many resources for producers to use.
Using resources today means having fewer of them in the future.
The answer is: There are not enough goods and services to meet everyone's wants
Scarcity occurs when the amount of resources that exist in a certain area are not enough to fulfill the needs of all people in that area.
When there is less resources, there would be less materials that can be used to produce goods and services. This would lead to the increase in product's price and high number of unemployment.
Scarcity arises when there aren't enough goods and services to satisfy wants, leading to economic decisions about distribution and consumption. An abundance of resources doesn't represent scarcity. Consuming scarce resources now suggests fewer available resources in the future.
The concept of scarcity is important in the study of economics. Scarcity arises when there are not enough goods and services to satisfy everyone's wants, which is the first item in your question. This imbalance between wants and available resources leads to economic decisions about production, distribution, and consumption.
The second item you listed does not correctly represent the consequences of scarcity. Scarcity indicates a deficiency of resources, not an abundance, so there wouldn't be too many resources for producers to use.
The last item talks about the consequences of resource consumption. When scarce resources are consumed today, it implies that there will be fewer of these resources available in the future. This concept goes hand in hand with the idea of opportunity cost, which is the cost of forfeiting the next best alternative whenever a decision is made.
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Answer:
Cash account reconciliation:
Cash account balance $27,700
subtract bank fees ($110)
subtract NSF check ($580)
Reconciled balance $27,010
Bank account reconciliation:
Bank account balance $26,000
subtract outstanding checks ($5,700)
add deposits in transit $6,300
add error with Smith Company check $410
Reconciled balance $27,010
B. False
Answer:
False
Explanation:
A partnership is when 2 parties come together to invest in a business.
Profit sharing from the business is usually based on the percentage invested by the partners.
For example if A invested 20% and B invested 80%, B will receive a higher share.
So in this case the amount they will be entitled to is a function of their investment unless otherwise stated in the agreement.
Since the agreement is silent on this their contribution will be used as the basis for sharing and not responsiblity in the business.
Answer:
$3,000 per month
Explanation:
If an owner paid himself or a business paid to his owner this type of cost referred to as implicit cost.
In the case of Krista, she is an owner of a business of selling Coffee and also works at her business place as a barista and paid herself $3,000 per month.
So, $3,000 paid as a barista to her self called Implicit cost for the business.