The condition that results from society not having enough resources to produce all things people would like to have is known as

A. capitalism

B. scarcity

C. Free enterprice

D. Tinstaafl

Which of the following is an example of an investment in physical capital? A. A firm trains workers to operate new machinery. B. A firm pays for workers to take college classes. C. A chemical firm employs chemists to develop new chemicals. D.

Which of the following phrases best defines business information systems (BIS) ? A. a group of interrelated components that works together to manipulate and process data into meaningful information B.

Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savings account. The interest rate on the loan is 8%, and the interest rate on his savings account is 2%.

The ease with which you can get your money out on an investment is known as what

Suppose that the production of a good generates a negative impact upon third parties. If the market does NOT take these negative consequences into account, then what is the expected market price and quantity?

Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has.

Rewrite the following equation in standard form y=8x+2

If the nominal exchange rate between the US dollar and the Canadian dollar is C $ 0.89 to the US dollar, how many dollars is required to buy a $ 2.5 CAD product? Describe and explain the tools used by the central bank to reduce money supply.

The types of problems the mne confronts when determining the need for training of its local workforces include determining who should deliver the training. establishing if there are cultural differences in preferred training delivery.

The shares of preferred stock issued by Saturn Corporation can be exchanged for common stock. However, any dividends in arrears are lost. Which of the following features are present in the preferred stock issued by Saturn? a. Convertibleb.