A product is scarce when what happens?

a. the product is easy to produce.

b. it gets new indirect competitors.

c. supply is greater than demand.

d. demand is greater than supply.

On June 1, 2018, Herbal Co. received $21,600 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 2018. Date Account Name Debit Credit

Sarah can study 20 pages per night. each page has three homework problems. if she studies for 3 nights how many homework problems will she do?

Jeff Richards works for an American MNC. For more than 10 years, Jeff was posted in the company's subsidiary in Ghana.

Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market?

It is hard to determine if the bank's Web site is secure.

One characteristic many successful entrepreneurs share includes

Which statement is true? A diverse workplace can cause people to become prejudiced. Cultural barriers can pose a challenge to creating a diverse workplace. Enforcing the use of English reduces challenges in creating a diverse workplace.

The costs of materials consumed in producing good units in the Production Department of Jacobs Company were $38,000 and $39,125 for June and July, respectively.

How would small business owners apply this concepts to maximize his or her wealth?

One difference between total utility and marginal utility is that