Discuss how scarcity of economic resources
leads to tradeoffs

Answers

Answer 1

Scarcity of economic resources requires individuals and societies to make tradeoffs by choosing between alternative uses of limited resources.

This scarcity necessitates making choices and tradeoffs. When resources are scarce, choosing to allocate them towards one particular use means sacrificing the opportunity to use them for alternative purposes.

For example, a government investing resources in building new infrastructure may have to reduce spending on healthcare or education. Individuals face tradeoffs as well, such as deciding between spending money on leisure activities or saving for the future.

These tradeoffs arise because resources are limited, and individuals and societies must make choices to allocate them in the most efficient and effective manner given their scarcity.

Learn more about Economic Resource here

https://brainly.com/question/30393911

#SPJ4


Related Questions

Make at least 3 suggestions according to the SWOT-PESTLE analysis
in IT department

Answers

1. Strengthen cybersecurity, 2. Upgrade IT infrastructure, 3. Embrace cloud computing for agility and innovation.

1. Strength: Enhance Cybersecurity Measures

Implement robust cybersecurity measures to protect against potential cyber threats, ensuring data integrity, privacy, and system availability.

2. Weakness: Improve IT Infrastructure

Invest in upgrading IT infrastructure to improve system performance, reduce downtime, and enhance overall efficiency and reliability.

3. Opportunity: Embrace Cloud Computing

Explore the adoption of cloud computing solutions to leverage scalability, flexibility, and cost-efficiency benefits, enabling greater agility and innovation within the IT department.

To know more about cybersecurity, click here:

brainly.com/question/30409110

#SPJ11

You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $2.75 a share at the end of the year (D1​=$2.75) and has a beta of 0.9. The risk-free rate is 4.7%, and the market risk premium is 5.5%. Justus currently sells for $47.00 a share, and its dividend is expected to grow at some constant rate, 0 . The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to angwer the question below. Open spreadsheit? Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? (That is, what is Pˉ3​ ?) Round your answer to two decinal places. Do not round your intermediate calculationa.

Answers

The market believes the stock price of Justus Corporation at the end of 3 years (P3) will be $56.79.

The market's expectation of the stock price at the end of 3 years, we can use the Gordon Growth Model, which calculates the present value of all future dividends. The formula for the Gordon Growth Model is P0 = D1 / (r - g), where P0 is the current stock price, D1 is the expected dividend at the end of the year, r is the required rate of return, and g is the expected growth rate of dividends.

Given that D1 = $2.75, the risk-free rate is 4.7%, and the market risk premium is 5.5%, we can calculate the required rate of return (r) as 4.7% + 0.9 * 5.5% = 9.92%.

To determine the expected growth rate of dividends (g), we need to find the value that satisfies the equilibrium condition. By substituting the given values into the Gordon Growth Model and rearranging the equation, we have g = r - D1 / P0. Substituting the values, we find g = 9.92% - $2.75 / $47.00 = 3.91%.

Finally, to find P3, we can use the Gordon Growth Model again, but this time with the expected growth rate of dividends (g) as 3.91%. Plugging in the values, we find P3 = $2.75 / (9.92% - 3.91%) = $56.79. Therefore, the market believes the stock price of Justus Corporation at the end of 3 years will be $56.79.

Learn more about  stock price : brainly.com/question/18366763

#SPJ11

The primary difference between a periodic and perpetual inventory system is that a periodic system: Multiple Choice O keeps a record showing the physical inventory on hand at all time. O automatically updates the Inventory account. O automatically updates the Cost of Goods Sold account. O must calculate Cost of Goods Sold and Inventory at the end of the accounting period.

Answers

The correct answer is:

A periodic inventory system must calculate Cost of Goods Sold and Inventory at the end of the accounting period.

In a periodic inventory system, the company does not continuously track inventory levels or update the Inventory account in real-time. Instead, it periodically determines the ending inventory and Cost of Goods Sold by conducting physical counts or estimates at the end of an accounting period, such as monthly or annually.

The periodic system does not provide real-time visibility into inventory levels. On the other hand, a perpetual inventory system keeps a record showing the physical inventory on hand at all times.

It automatically updates the Inventory account and Cost of Goods Sold account as each transaction occurs, providing up-to-date information on inventory levels and cost of goods sold.

Therefore, the primary difference between the two systems is that a periodic system requires the calculation of Cost of Goods Sold and Inventory at the end of the accounting period, whereas a perpetual system continuously updates these accounts in real-time.

To learn more about Cost click here brainly.com/question/14566816

#SPJ11

Remaining 1 hour, 5 minut O Question Completion Statu 120 & Moving to another question will save the response Question 13 p You buy a stock for $45 per share and sell her $51 after holding it for sighty over a year and collecting a 56.6 por share dvblent dibend im is tased at a 20% rate and capital gas ar at 24%, what is your after tax holding period retum? (White your answer in percentage and round 8 to 2 Moving to another question will save this response NG FRE 1 nour, 42 minutes, 43 seconds. " 10 13 Moving to another question will save this response N Question 13 2 You buy a stock for $40 per share and sell it for $51 after holding it for slightly over a year and collecting a $5.6 per share dividend dividend income in tened at a 20% ce and cia ga at 24%, what is your after tax holding period reum? (Wite your answer in percentage and round 2 decimal places) Moving to another question will save this response. Question Completion Statu 11

Answers

The after-tax holding period return for the investment is 22.4%, considering capital gains and dividends taxed at 24% and 20% respectively.

The holding period return (HPR) is the total return that an investor receives from holding an asset or portfolio over a specific time period. It is calculated by combining the total capital appreciation and any income generated, such as dividends or interest, divided by the initial investment. The formula for calculating holding period return is as follows:HPR = (Ending Price - Beginning Price + Income) / Beginning PriceIn this question, the stock is bought at $45 per share and sold for $51 per share, with a dividend income of $5.6 per share. The dividend income is taxed at 20% and the capital gains are taxed at 24%. To calculate the after-tax holding period return, the following steps need to be taken:Step 1: Calculate the capital gainCapital Gain = Ending Price - Beginning Price = $51 - $45 = $6 per shareStep 2: Calculate the total incomeTotal Income = Dividend Income + Capital Gain = $5.6 + $6 = $11.6 per shareStep 3: Calculate the total tax on dividend incomeTax on Dividend Income = 20% x Dividend Income = 20% x $5.6 = $1.12 per shareStep 4: Calculate the after-tax dividend incomeAfter-tax Dividend Income = Dividend Income - Tax on Dividend Income = $5.6 - $1.12 = $4.48 per shareStep 5: Calculate the total tax on capital gainTax on Capital Gain = 24% x Capital Gain = 24% x $6 = $1.44 per shareStep 6: Calculate the after-tax capital gainAfter-tax Capital Gain = Capital Gain - Tax on Capital Gain = $6 - $1.44 = $4.56 per shareStep 7: Calculate the after-tax holding period returnAfter-tax HPR = (Ending Price - Beginning Price + After-tax Income) / Beginning Price= ($51 - $45 + $4.48 + $4.56) / $45 = 22.4%Therefore, the after-tax holding period return is 22.4%.

For more questions on after-tax

https://brainly.com/question/28062298

#SPJ8

Other Questions
lim (x,y)(0,0)x 2+y 29xy= A. 1 B. 1 C. 0 D. E. does not exist mevcut deil Question Find dx2d2y if x2+3y2=8 Que le hubiese dicho dorel al nio del cabello rojizo si lo hubiera encontrado en la calle? Escribir un pequeo relato en el que ellos se encuentren (capitulo IV). Es del cuento del espejo africano please help me with these twoquestions. thank you!If a tree dies and the trunk remains undisturbed for \( 1.545 \times 10^{4} \) years, what percentage of the original \( { }^{14} \mathrm{C} \) is still present? (The half-life of \( { }^{14} \mathrm{ x 1130( x 1035) 4dx 51( x 1035) 5+C b) 51( x 1035) 5x+C ( x 1035) 4x+C d) 41( x 1035) 4+C The primary difference between a periodic and perpetual inventory system is that a periodic system: Multiple Choice O keeps a record showing the physical inventory on hand at all time. O automatically updates the Inventory account. O automatically updates the Cost of Goods Sold account. O must calculate Cost of Goods Sold and Inventory at the end of the accounting period. Identify the errors made in the sentences below with these errors (Misplaced modifiers Dangling modifiers Comma splices Split infinities Pronoun-antecedent agreement Rambling sentences Double subject Sentence fragments Parallel structures Subject-verb agreement). ii. Correct the errors and rewrite the correct sentence. If there's no error, write correct sentence. 1. After chalking that feat in that long jump I just looked on, lost in wonder at what I had just done I least expected I could break a world record. 2. I bless the day I met you, I curse the day you left me. 3. Unlike traditional bullet-proof vests, which can prevent serious injury, but which cannot prevent the wearer from being knocked over by the impact, new vest designs are being developed in the United States where bullets bounce off. 4. She usually spends her vacation swimming, partying and to practise on her keyboard. 5. It rather causes financial lost to the state. 6. The fishermen toiled throughout the night, but they did not catch even one. 7. In order words it is a step in the right direction. 8. One of the hundred thousand prisoners kept in the underground dungeons have escaped. 9. The robot banged its head on the ceiling. 10. The steps required for the robot to complete the task are as follows: the robot explores the given world, locates a treasure, stops and picking up the treasure. A 4-cup bottle of bleach costs $1.28. What is the price per fluid ounce?IXL What is the imperfect ella form of the verb ser? O A. Eras B. ibas O C. Iba D. Era If you know that the weight on the driving wheels of a tractor is 93,800 lb and that it is movingon firm earth with a coefficient of traction of 0.55, what is the usable power if the tractor isoperating in Abha (elevation of approx. 7,000 ft above sea level):a. 51,590 lbb. 55,440 lbc. 40,760 lbd. 45,400 lb a community health nurse is teaching a group of clients about modes of transmission. which statements made by the clients indicate correct interpretations about the modes of transmission? select all that apply. Polygons that are similar have the same shape, but are a different size. Select one: O True O False ) A function f(x) and interval [a, b] are given. Check if the Mean Value Theorem can be applied tof on [a, b]. If so, find all values c in [a, b] guaranteed by the Mean Value Theorem Note, If the Mean Value Theorem does not apply, enter DNE for the c value. CM f(x)=2x-3x-72x+6 (Separate multiple answers by commas.) on [-5,9] why do i feel vibration in my body when i sleep tRNA MoleculesLysAsnCodonsmRNAGGUAnticodonsCytoplasmH.O Counter 0HTT53'RibosomeFor each codon, find the correct tRNA anticodon and drag it to the ribosome. Start with the AUG codonin the ribosome. Find and drag its match, the UAC anticodon, to it. Also, record this pair and theassociated amino acid, Met, to complete the first row of the data table. What is thepHof0.025MBa(OH)2? a.0.050b.1.30c.12.70d.21013e.7.00 Transactions and Phenomena. Say for each of the following schedules: does the schedule contain phenomena or any other violation of the locking rules of the common scheduler? If not, give an explanation why not. If yes, say on which data object the phenomenon occurs; describe the phenomenon and using this example, explain why this phenomenon or violation of locking rules can be a problem. State the highest isolation level that the schedule can be performed on. (a) s1 : r1[z], r3[y], r2[y], c3, w2[z], w2[y], r1[z], c2, (b) s2 : r1[x], r3[y], r2[y], c3, r1[y], w2[z], w2[y], c2, r1[z], r1[y], (c) s3 : r1[x], r3[y], r2[y], c3, r1[y], w2[z], w2[y], c2, r1[z], r1[x] c1. w1[x], c1. w1[x], w1[y], c1. [12 marks] e demand function for a particular product is given by the function \( D(x)=\frac{-2}{9} x^{2}+400 \). Find the consumers' surplus if \( x_{E}=30 \) units. In a non-rotating earth, global winds would:1) move straight from areas of H (high) pressure to areas of L (low) pressure.2) move straight from areas of L (low) pressure to areas of H (high) pressure.3) move straight from areas of H pressure to areas of H pressure.4) None of the options offered here. Solve the following LP model using graphical method: Maximize Z=x2y s.t. xy0 x+2y4 x0 y1