If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, nextreset

Answers

Answer 1
The society would ask "What product are you selling?". The society already knows its for everybody around to make as much money as they can.  
Answer 2
the basic economic question that answered by this is: What to produce?

What to produce is a basic economic question that arise to determine the best possible option for producing goods that will be the best for a country based on the resources that it has.
for example, if you're living in tropical areas, the production goods that will bring you the most benefit would be the agricultural products

Related Questions

Edison sold his land with an easement appurtenant for a road. the deed to the buyer contained an adequate description of the land, but it failed to make reference to the easement. the buyer:

Answers

The buyer takes title to a landlocked property.

Easement appurtenant is defined as an easement that benefits one parcel of land, known as the dominant tenement, to the detriment of another parcel of land, known as the servient tenement.

The property having an easement appurtenant is a landlocked property. It means that in order to have access on the property, one must go through a road that is owned by another that holds the servient tenement.  

Even though Edison failed to disclose about the easement appurtenant, the buyer can still have easement appurtenant on the road. This is because the easement appurtenant is attached to the land and is automatically transferred to the new owner once the land is sold. 

Before the development of money as a medium, goods and services were exchanged through a ________ system.

Answers

Goods and services were exchanged through a BARTER SYSTEM. Barter is a system in which goods and services are exchanged for other goods and services without using any medium of exchange such as money. Reciprocal exchange is often immediate and not delayed.

Answer:

I don't know if you do but i take k12 and the answer to that quiz is barter system.

Explanation:

If one of lasertech's rivals were to decide to divest its industrial laser manufacturing business in response to lasertech's new technology, this would be an example of

Answers

LaserTech's new technology this would be an example of competitive dynamics if one of LaserTech's rivals were to decide to divest its industrial laser manufacturing business.

 

To add, the series of competitive actions and competitive responses among firms competing within a particular industry is called competitive dynamics. A process that is dynamic and not static is called the strategic management process.

Choice of ownership determines the degree to which each owner has personal liability for the firm's debts and the sources of funds available to the firm to finance future expansion.

Answers

That statement is true.

Whenever a profit or liability created by the company, it will spread accordingly according to the percentage owned by the shareholders.
For example, if Andy has 30 % ownership and  Amy has 70% ownership and the company generate $1000 of debt, Andy will be liable for $300 of it and amy will be liable for $700  of it

Nike's strong,​ favorable, and unique​ associations-such as​ performance, innovative​ technology, and​ winning-are examples of​ ________.

Answers

These are points of difference. This concept allows for companies to differentiate themselves from their competitors and give their consumers something to remember when they turn to a company. This allows for the company to have a point of reference, an object, a concept, or a feeling that the customer can bring to mind every time they look for a product or service.

What should recreational boaters keep in mind if traveling in waters where there are anglers and hunters?

Answers

Recreational boaters travelling on such water should give a wide berth and keep away from the water areas where the hunters are carrying out their activities; the boaters should be safety conscious and alert. This is necessary in order to avoid accident. 

Recreational boaters should learn and abide by local regulations, keep a respectful distance from anglers and hunters, and use catch-and-release practices. Proper anchoring to protect aquatic ecosystems and thorough cleaning of boats to prevent invasive species are also essential. Adoption of a Code of Angling Ethics promotes environmental stewardship.

When engaging in recreational boating in areas frequented by anglers and hunters, it is crucial to be considerate of the environment and others. It is important to learn and obey angling and boating regulations, ensuring that you do not interfere with others' activities. Always maintain a safe and courteous distance from anglers to avoid disturbing them or the wildlife they are targeting. Respect the concept of catch-and-release by using techniques and tackle that minimize harm to fish. Be conscious not to overfish and to release unwanted or prohibited fish responsibly. During activities such as anchoring, take care to avoid damaging the aquatic ecosystem and be mindful of potential nesting sites during spawning seasons.Moreover, it is vital to educate yourself on local fishing rules and ensure that your actions do not contribute to the spread of invasive species. This can be achieved by cleaning your boat thoroughly after use and preventing pets from disturbing the wildlife. By embracing a Code of Angling Ethics, boaters and anglers can act as stewards of the environment, upholding the integrity of the waters they share.

According to current law, for works created after 1976, what are the copyright durations for a creator and for a corporation?

Answers

Answer:
For the creator, the copyright duration is the lifetime of the author plus 50 years.
For a corporation, the copyright duration is 75 years.

Details:
The copyright Act of 1976 was a revision of the previous copyright Act of 1988.
Another revision enacted by the 1976 copyright law was to increase the extension of copyrighted material before 1978 that was not in the public domain. The increase was from 28 to 47 years or a total duration of 75 years.

​_____ measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services.

Answers

Producer price index is a value which measures change over time in weighted average wholesale prices, or the prices that businesses pay each other for goods and services. It would show trends in the commodities markets, wholesome and manufacturing industries. This index is important as it serve multiple responsibilities in the improvement of investment-making decisions as it also serve as an indicator for the consumer price index. 

Producer Price Index measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services

is skyrim special edition worth it if you have the original

Answers

Depends on if you've got it on PC or console. The console versions obviously work on the latest generation machines and come with the texture pack (which has always been free), modding capabilities (better on XBONE) and all DLC's.

So if you're looking to take your PS3/XB360 copy to the next level then I'd say yes, personally.

The PC version gets you the DLC's thrown in and that's all, assuming you don't own any of the DLC's this might be he better value overall depending on offers, so do some research, you're not gaining anything bar the DLC's though, you could already get the texture pack and mod.

Short answer: Consoles: Yes. PC: Only if the DLC's are cheaper that way.
I'd say heck ya it's the best ether way no matter the console

Which business document is a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a client?

Answers

The statement of work is a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a client.
There are several things that will be written in the statement of work in order to manage the deal, such as the name of the project, the timeline for the project, the project handler, the delivery method, etc.

A commercial bank is owned by its account holders
a. True
b. False

Answers

It is TRUE, a commercial bank is owned by its account holders. A commercial bank is one which offers banking services to individuals and companies for the major purpose of making profits. Commercial banks are owned by the account holders which are the borrowers.

The social media management dashboard that allows marketing managers submit messages to social media on a scheduled basis and also collect and analyze data from social media is called ________.

Answers

The social media management dashboard that allows marketing managers submit messages to social media on a scheduled basis and also collect and analyze data from social media is called hootsuite.
The hootsuite was created by Ryan Holmes in 2008 and became the most widely used platform for managing social media.

When your ability to divide your attention is impaired the chances of being involved in a collision increase a bal as low as has been shown to affect divided attention while driving?

Answers

When your ability to divide your attention is impaired the chances of being involved in a collision increase. A BAL as low as 0.02 has been shown to affect divided attention while driving.

BAL stands for Blood Alcohol Concentration Level. As the BAL increases, so does the level of impairment. The nearer the BAL is to 1, the more probable it is to meet an accident while driving. Thus, it is better to either ride a cab in going home or sleep in a safe place until the alcohol leaves the bloodstream.

Answer:

0.02

Explanation:

The original price of a television is $500 you have a coupon for 25% off excluding tax what is the cost of the tv

Answers

Original price = $500

Assume that the tax rate is 8%
Cost of the TV plus tax = 500*1.08 = $540
Worth of the 25% coupon = 0.25*540 = $135
Reduced price = 540 - 135 = $405

The cost of the TV with a coupon for 25% off excluding tax is $405.

Answer: $405

The cost of the television after applying a 25% off coupon is $375 before tax.

The question asks about applying a 25% discount to the original price of a television that costs $500, excluding tax. To calculate the discounted price, we take 25% of $500, which is $125. We then subtract this amount from the original price to determine the cost of the TV after the coupon is applied.

To do the calculation: $500 - (25% of $500) = $500 - $125 = $375.

Therefore, the cost of the television after applying the 25% off coupon is $375 before tax is added.

What is customer perception and why is it important?

Answers

A marketing concept that encompasses a customer'simpression, awareness and/or consciousness about a company or its offerings. Customer perception is typically affected by advertising, reviews, public relations, social media, personal experiences and other channels
Final answer:

Customer perception is how customers view a brand based on their experiences, influencing their purchasing decisions. Managing this perception is critical for a business's success, involving active listening to feedback, continuous improvement, and effective communication. This can lead to increased loyalty and a strong, positive brand image, differentiating a company in a competitive market.

Explanation:

Customer perception refers to how customers view a company, brand, product, or service based on their experiences, expectations, and impressions. This perception is significant as it influences customers’ buying decisions and loyalty towards a brand. Customers form perceptions through their interactions with a brand’s products or services, customer service, marketing messages, and overall presence in the market. Positive customer perception can lead to increased loyalty, word-of-mouth referrals, and a competitive advantage. Conversely, negative perceptions can lead to decreased sales and customer churn.

It’s important because it shapes the success and longevity of a business. To manage customer perception effectively, companies must actively listen to feedback, continuously improve offerings, and communicate transparently and effectively. By doing so, businesses can improve their customer satisfaction levels, foster loyalty, and build a strong, positive brand image. Additionally, understanding and managing customer perception is key in avoiding and resolving conflicts, as perceptions can significantly affect how situations are interpreted and resolved.

In today’s market, where competition is fierce, and customer loyalty is hard to maintain, understanding customer perception and actively working to improve it can be a significant differentiator for businesses. Companies must solicit feedback, respond to customer needs as they change, and recognize that each customer’s perception is unique and influenced by various factors including prior experiences, expectations, and personal preferences.

In terms of per capita government spending, texas __________.

Answers

In term of per capita government spending, Texas was ranked forty-eight in 2010, it is always generally ranked among the last five states in the United States of America. This happens because, Texas is a low tax low service state and the most important revenue source for the state is tax.

The automobile will not remain the primary source of transportation true or false

Answers

I think the correct answer would be false. The automobile will remain the primary source of transportation. As we can see today, almost all of the people use automobile to go to different places. As we see in the road, different vehicles are present. Also, the automobile industry, recently, is a booming industry. We have different models, colors, brands and specifications of the vehicles. I think the use of automobiles as the primary source of transportation would still go for many years as it is the most convenient and comfortable transportation as compared to others like bicycle, train and motorcycle.

A commercial airliner crashed in the middle of the atlantic. the cause of the crash has been proved to be a wrongly installed part in one of the engines during routine maintenance. if a negligence lawsuit is brought against the airline, it will be based on

Answers

If a negligence law suit is brought against the airline, it will be based on MISFEASANCE. Misfeasance occurs when a lawful and legal duty is performed willfully and improperly and which cause a loss or harm to others. The guilty party will have to paid for damages.

A negligence lawsuit against the airline for a crash caused by a wrongly installed part would be based on a breach of duty to perform adequate maintenance, showing a link between the breach, the crash, and the ensuing damages, similar to historical cases with Air France flight 447 and the Boeing 737 Max.

If a negligence lawsuit is brought against the airline due to a crash caused by a wrongly installed part in one of its engines, the lawsuit would likely be grounded in the concept that the airline, through its maintenance personnel, failed to exercise a reasonable standard of care in the installation of its aircraft components. This could be argued under the tort of negligence, which requires establishing that the airline had a duty to ensure the aircraft was safe for use, breached that duty through human error or a faulty maintenance procedure, that this breach caused the accident, and that damages were sustained as a result.

In relation to the Air France flight 447 incident where the crash was linked to the inability of pilots to determine their airspeed due to faulty Pitot tubes, and the Boeing 737 Max disasters that were linked to a flawed automated flight control system that was neglected during design and testing, it becomes evident how critical maintenance, design, and interface usability are in ensuring the safety of an aircraft. It further underlines the importance of proper oversight by regulatory bodies like the Federal Aviation Administration (FAA). This example demonstrates how an organization can be held liable due to their knowledge of a defect that resulted in catastrophic consequences, similar to cases in automobile manufacturing where knowledge of brake defects led to liability for injuries and deaths.

How will you save money by buying a franchise? A. Your employees will be paid by the corporation.
B. You can get a volume discount on your products.
C. Franchises require less investment than new businesses.
D. You're free to make your own decisions regarding finances and investments.

Answers

The correct answer is B. You can get a volume discount on your products.

By buying a franchise, franchises require less investment than new businesses. Option (c) is correct.

What is Franchise?

A franchise or franchising is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.

The benefits of franchising;

1. Minimal to no prior professional experience is required.

2. Existing clientele and brand recognition.

3. Less dangerous than creating a brand-new company.

4. Assistance from the franchisee.

5. There are several chances to expand your business to other franchise sites.

Therefore, Option (c) is correct.

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The major difference between the producer price index and the consumer price index is that the produce price index _____ and the consumer price index _____.

Answers

This may not be the exact answer, dear friend, but read the explanation, and you should be able to fill in the blanks...
The consumer price index is an average of the prices of the goods and services purchased by the typical urban family of four,
whereas the producer price index is an average of the prices received by producers of goods and services at all stages of the production process.

Producer price index is based on the cost of a basket typically purchased by producers; the consumer price index is based on the cost of a basket typically purchased by consumers.

What is producers price index?

A producer price index measures the typical fluctuations in prices that domestic producers receive for their output. The steadily declining share of spending on produced products is undermining its significance.

The Producer Price Index , which examines inflation from the perspective of business and industry. This technique assesses pricing changes prior to consumers making final purchases of products and services. Because of this, many analysts believe it can anticipate inflation before the CPI.

A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price. The measured CPI fluctuates to reflect changes in prices over time.

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Consuelo wrote Brad a check for $491.27, and Brad deposited the check into his checking account. Where was Consuelo's signature?

Answers

Consuelo's signature would be on the lower right hand side of the cheque as that is the standard location for signing cheques and it shows that the cheque is authorized for payment to the designated recipient. The name of the signer should be the same as one of the printed names on the top of the cheque ie of the account holders.

On the front of the check and only on the front. This is where you would sign if you wrote a check

Rick took his family to a major league baseball game. he gave his son $100 to buy food and drinks for the group. hot dogs cost $3.50 each, milk shakes costs $8.00 each, and soda costs $5.00 each. his son returned with $25.50 in change. there were 8 beverages total in the order. how many hot dogs, milk shakes, and sodas were purchased

Answers

Final answer:

The problem can be solved by establishing two equations based on the number and cost of the beverages and then solving these equations to determine the quantities of milkshakes, sodas, and hot dogs.

Explanation:

Rick's son spent $74.50 on food and drinks (100 - 25.50 = $74.50). The problem tells us that there were 8 beverages total in the order and each beverage either cost $8.00 (milkshake) or $5.00 (soda). Let's denote the milkshake quantity as m and the soda quantity as s. We have two equations:

The total number of milkshakes and sodas is 8, so: m + s = 8. The total cost of milkshakes and sodas is $74.50 minus the cost of the hot dogs ($3.50 each), which we can express as: 8m + 5s = 74.50 - 3.50h

The solution to this situation requires solving these equations in order to find the values of m, s, and h (hot dogs).

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When an employee does the work necessary to remove physical dirt or food residue from a surface, that is referred to as?

Answers

They are referred to as a janitor or a cleaning service. They are the ones responsible of keeping a place in good condition and to make everything neat and dirt free as possible. It could be described above as removing physical dirt or food from the surface is their job description as they make sure that the place is clean, neat and dirt free.

A(n) ________ is a description of how the researchers will measure the variables of interest.

Answers

An OPERATIONAL DEFINITION is a description of how the researchers will measure the variable of interest. The operational definition of a variable refers to the specific technique which will be used to measure that variable in the research study. Establishing an operational definition will help the researcher to eliminate any gray area that might arise later.

Final answer:

An operational definition is how researchers measure variables in a study, involving precise details on measurement and interpretation methods for dependent variables.

Explanation:

A(n) operational definition is a description of how the researchers will measure the variables of interest. It involves a process called operationalization, whereby researchers conducting quantitative research specify exactly how a concept will be measured and how to interpret that measure. An operational definition includes the actions and operations used to measure the dependent variables and manipulate the independent variables. Furthermore, it is closely linked to forming a research hypothesis, which is a statement about the relationship between the variables of interest and the specific direction of that relationship.

The growth of the internet caused many traditional companies to ________ in response to customer demands and a changing marketplace.

Answers

Many organizations today utilize multichannel marketing. Multichannel marketing alludes to the training by which organizations interface with clients by means of numerous channels, both immediate and aberrant, keeping in mind the end goal to offer them products and ventures. 
Multichannel marketing joins the acts of inbound and outbound advertising with the objective of achieving clients on their preferred channel. Thusly, the purchasing procedure is more controlled by the client than the advertiser.

Calculate the finance charge on a credit card balance of $3,299.19 at a monthly rate of 1.2%.

Answers

Given that the monthly charges for a credit card is 1.2% and the credit card balance is $3,299.19. Therefore the amount charged per month will be:
[rate]/100*[credit card balance]
=1.2/100*3,299.19$
=39.59.
The answer is 39.59

The tendency for people who have first agreed to a small request to comply to a larger request is called the phenomenon

Answers

its called the foot-in-the-door phenomenon.

Answer:

foot-in-the-door phenomenon

Explanation:

Floraâs car breaks down, leaving her stranded on the highway in the middle of rush hour. as more and more cars drive past her, flora is surprised that no one stops to help her. the fact that other drivers fail to help flora is most likely explained by

Answers

Final answer:

Flora's situation is likely an example of the bystander effect, where the presence of others reduces the likelihood that any single individual will stop and offer help due to diffusion of responsibility and social influence.

Explanation:

The fact that other drivers fail to help Flora is most likely explained by a social-psychological phenomenon known as the bystander effect. This concept suggests that individuals are less likely to offer help to a victim when other people are present. The greater the number of bystanders, the less responsibility any single individual feels to take action. This can be linked to human behaviors such as diffusion of responsibility, where each bystander thinks that someone else will help, or social influence, where individuals monitor the behavior of those around them to determine if an action is necessary.

In the context of rush hour traffic, each driver might assume that someone else will stop to offer assistance or that professional help is already on the way. Unlike the stories described, where individuals show empathy and act to help others, Flora's situation highlights when the presence of others can inhibit this instinct to assist, especially in crowded or busy environments.

A market research company wants to collect opinions on the comfort and performance of a new type of sneaker by brand x. which group of individuals would be the best choice for a random sample?

Answers

One of the best methods in random sampling is called quartering. In quartering, the population is divided into 4 quadrants and the sample is obtained on one of the quadrants obtained. In this case, the procedure to do is:

“Ask every fourth person who is wearing that brand of sneaker”

Answer:

b. ask every fourth person who is wearing that brand of sneaker

Explanation:

During a certain year, the nominal interest rate was 7 percent, the real interest rate was 4 percent, and the cpi was 198.3 at the end of the year. the cpi at the beginning of the year was

Answers

Given:
nominal interest rate 7%
real interest rate 4%
end of the year CPI is 198.30
beginning of the year CPI?

nominal rate - real interest rate = 7% - 4% = 3%

end of the year CPI is the result of the beginning of the year CPI which increased by the difference in percentage of the nominal rate and real interest rate.

end of the year CPI = beginning of the year CPI * (1 + difference of nominal and real interest rate)

198.30 = beginning of the year CPI * (1+0.03)
198.30 / 1.03 = beginning of the year CPI
192.52  = beginning of the year CPI

The consumer price index (CPI) at the beginning of the year is 192.52

The CPI at the beginning of the year was approximately 192.28. Therefore, the closest option is a. 192.5.

Step 1

To find the CPI at the beginning of the year, we can use the Fisher Equation, which relates nominal interest rates, real interest rates, and inflation rates:

[tex]\[ \text{Nominal Interest Rate} = \text{Real Interest Rate} + \text{Inflation Rate} \][/tex]

Given:

- Nominal interest rate = 7%

- Real interest rate = 4%

Using the Fisher Equation, we can find the inflation rate:

[tex]\[ 7\% = 4\% + \text{Inflation Rate} \][/tex]

[tex]\[ \text{Inflation Rate} = 7\% - 4\% = 3\% \][/tex]

Step 2

Now, to find the CPI at the beginning of the year, we can use the inflation rate and the CPI at the end of the year:

[tex]\[ \text{CPI at the beginning} = \frac{\text{CPI at the end}}{(1 + \text{Inflation Rate})} \][/tex]

[tex]\[ \text{CPI at the beginning} = \frac{198.3}{(1 + 0.03)} \][/tex]

[tex]\[ \text{CPI at the beginning} \approx \frac{198.3}{1.03} \][/tex]

[tex]\[ \text{CPI at the beginning} \approx 192.28 \][/tex]

Complete question : During a certain year, the nominal interest rate was 7 percent, the real interest rate was 4 percent, and the CPI was 198.3 at the end of the year. The CPI at the beginning of the year was

a. 192.5

b. 220.1

c. 204.2

d. 178.6

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