What might happen if an economy is unable to produce wanted goods and services?People will go without them.
People will look elsewhere for them.
People will stop wanting them.
People will focus on needs instead.
Answers
Answer: B. People will look elsewhere for them:
Explanation: If a particular good or service is not available within their own economy, people may turn to other options. One possibility is that they may look to import goods from other countries. For example, if a country is unable to produce a certain type of clothing, people may choose to purchase it from internationalsuppliers.
Additionally, individuals may explore different markets to find the desired goods and services. This could involve searching for local businesses or online platforms that offer the desired products. For instance, if a person wants a specific brand of electronics that is not available locally, they may search for it on e-commerce websites or try to find a retailer that imports those products.
Overall, when an economy is unable to produce wanted goods and services, people will actively seek alternatives from other sources, whether it be through importing or exploring different markets.
Learn more about good and services here: brainly.com/question/19729517.
Final answer:
If an economy is unable to produce wanted goods and services, people may go without them, look elsewhere for them, or stop wanting them.
Explanation:
If an economy is unable to produce wanted goods and services, there are several potential consequences. Firstly, people will go without the goods and services they desire, causing a decrease in their overall quality of life. They may have to find alternative ways to meet their needs or go without entirely.
Secondly, people may start looking elsewhere for the goods and services they want. This could mean purchasing them from other regions or countries that are able to produce them.
Lastly, there is a possibility that people may stop wanting the goods and services altogether. If they consistently face unavailability, they may find substitutes or develop new preferences for different products.
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Answers
The total revenue generated by the company is $300.
Further Explanation:
Total Sales is the value of the goods to be sold in a particular period by the company. It represents the total sales value.
Total Cost includes all the expenses incurred in manufacturing a good. It includes direct and indirect costs. Direct cost is those costs which directly related to the manufacturing of the goods. For example, direct labor and direct raw material cost. Indirect cost is those cost which is not direct to the cost of produced goods. It can be apportioned according to the quantity of the product. For example, electricity used in manufacturing goods, rent paid all these costs are related to the indirect cost. The total cost can get by multiplying the per-unit cost with the units sold.
Total Revenue can be computed by the difference between the total sales and total cost. It means the profit generated by the business after deducting all the costs.
Thus the company generated $300 revenue after selling 10 skateboards.
Learn more:
1. Learn more about the cost
2. Learn more about the profit
3. Learn more about the sale
Answer details:
Grade: Middle School
Subject: Economics
Chapter: Cost and Revenue
Keywords: total sales, total revenue, direct cost, indirect cost, per unit cost, profit generated, represents total sales value, labor cost, product cost, total cost.
Answer:
Total revenue after selling 10 skateboards is $300
Explanation:
Given data:
cost of expenses
$3 for wheel and mount
$1 for board
1$ for paints
$10 for labors
Therefore total expenses on each item= 3 +1+1+ 10 =$15
Total expenses for 10 skateboard = 15×10 = 150
Selling price for each skateboards = 45$
Total income = 45×10 = $450
Total revenue = 450 - 150 = $ 300
Answers
Answer:
New France
Explanation:
Québec, the former capital of New France, now became the principal town of a new British colony, called “The Province of Québec.” This colony, which existed from 1763 until 1791, was much smaller than the Canadian province of Québec today
Answers
Answer:
The introduction of new crops and the decimation of the native population in the New World led to the capture and enslavement of many African people.
Explanation:
Edge
b. 115.
c. 125.
d. 133.
Answers
Answer:
d. 133.
Explanation:
IQ otherwise known as Intelligent Quotient, is a measure of intelligence, which is applied by using ratio of mental age to physical or chronological age, then multiply by 100.
Hence, a child of 9year old had a mental age of 12 year old, (which means, performing on the test meant for an average 12 year old) the child is then assigned IQ of 12/9 * 100 which equals to IQ of 133.
Therefore, a 9-year-old who responded to the original Stanford-Binet with the proficiency of an average 12-year-old was said to have an IQ of 133.
a. True
b. False
Answers
The answer to your question is "false"
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