Select the items below that describe why scarcity exists.

People's wants are unlimited.

Resources are limited.

People try to conserve.

Lisa sells kitchen furniture through her website. While her sales are stable, she's concerned that they're not keeping pace with those of other online furniture stores. How can a Google Search campaign benefit Lisa's business? a.

Hannah posts her résumé on the websites of several companies. Unfortunately, it is poorly formatted and contains several spelling and grammar errors. What kind of communication barrier may this cause? A. Bypassing. B. Differing frames of reference.

Mason and Cooper go to the movie theater and purchase refreshments for their friends. Mason spends a total of $69.75 on 9 drinks and 1 bag of popcorn. Cooper spends a total of $68.25 on 3 drinks and 7 bags of popcorn.

A paint manufacturing company has three factories located in France, Germany, and Spain. The productivity data of the factories are as follows: Factory Location Amount of PaintTotal Input Cost (USD) Produced (U. S.

If the economy grows steadily over several years and at the same time maintains the aggregate demand curve in its present position, then the economy will experience which of the following?

When the auditors discover an overstatement of accounts payable, they would most likely also expect to find an overstatement of:?

This year Drake and his son purchased real estate for an investment. The price of the property was $1,200,000, and the title named Drake and his son as joint tenants with the right of survivorship.

Than Wok emigrated from his war-torn country to the United States almost two years ago. He recently found a job working on an assembly line at a major computer manufacturer. Than left his friends and family behind when he came to the United States.

Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year.

What concept is associated with the notion that employers can get greater effort from workers by paying them a relatively high, above-equilibrium wage? A. profit sharingB. efficiency wagesC. piece-rate wagesD. bonus or commissions