Each individual must make choices because A. wants are sometimes mixed up with needs. B. resources are limited and therefore cannot satisfy one's many competing wants. C. needs are more important than wants. D. even if one's wants are completely satisfied, insufficient time exists to fully enjoy all of them.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Each individual must make choices because A. wants are sometimes mixed up with needs. B. resources are limited and therefore cannot satisfy ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
On December 1, 2019, Ral received advance rental of $27,000 from a tenant for a three-year lease commencing January 1, 2020 to cover rents for the years 2020, 2021, and 2022.
Answers (1)
At December 31, 2018, before any year-end adjustments, Bramble Company's Insurance Expense account had a balance of $2620 and its Prepaid Insurance account had a balance of $3750. It was determined that $2800 of the Prepaid Insurance had expired.
Answers (1)
How comfortable or uncomfortable are you in making risky decisions? Do you consider yourself to be relatively more or less creative? Recall an instance in which you made a discovery using the four phases of the creative process.
Answers (1)
On May 3, 2014, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers amounted to $840 and was paid by Eisler Company.
Answers (1)
A progressive income tax, which is a tax where the marginal tax rate increases as income rises, was passed under which president. Select one: a. Ronald Reagan b. Herbert Hoover c. Franklin D. Roosevelt d. Teddy Roosevelt e. Abraham Lincoln
Answers (1)
New Questions in Business
Implicit transaction
Answers (1)
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $8 each or to produce them in-house.
Answers (2)
A stock's holding period return represents: a. the return from a stock relative to the return from a specific portfolio. b. the total return earned over a specific period through buying and selling an asset. c.
Answers (1)
Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped direct from the supplier plants in containers.
Answers (1)
Given the pork supply function Q = 178 + 40p - 60p_h. how does the supply function, Q = 88 + 40p. change if the price of hogs increases from $1.50 to $1.90 per kg? If the price of hogs increases to $1.90 per kg, then the supply function will be Q =
Answers (1)