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What's the benefit of expenditure on R&D in an economy.
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- what does the absence of scarcity in an economy reflect in a graph?A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won& buy it because they done like the taste. From an economic perspective, the company should.......... keep the hamburger on the menu because they have spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.What are Direct Materials?
- How can scarcity of resources be a problem to societyA fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won't buy it because they dont like the taste. From an economic perspective, the company should keep the hamburger on the menu because they have spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.What is Economic System? And what system is the best system your community will use and implement to address scarcity, as an Economic Manager?
- YUGD KCQ 1 Economics 1A (page 3 of 10) - Google Chrome mancosaconnect.ac.za/mod/quiz/attempt.php?attempt=1022248&cmid=284826&page=2 MANCOSA Study the following diagram and answer the question that follows: Submarines C d b e Type here to search a Galaxy Note20 Ultra 5G 9 The production of Od submarines and Oa hospitals... O A. Is productively inefficient given the available resources. B. Is productively efficient given the available resources. C. Is productively impossible given the available resources. D. Increases the available resources. Hospitals h св DBriefly explain the term incremental innovations. Which companies in terms of the size (small, medium, large size) have more economic incentives to produce these?Please show the solutions. Thank you!
- Refer to the Front Page article to answer one question. FRONT PAGE Recycling Wastes Money New York City is spending $57 million a year to recycle metal, glass, and plastic Mayor Bloomberg says that's way too much, especially when the city is cutting police and fire budgets. The mayor says the city could save a lot of money by simply sending the waste to landfills rather than recycling it The city spends about $240 per ton to recycle waste, while the cost of sending the waste to landfills is about $130 a ton. As he sees it, "You could do a lot better things in the world with $57 million." The mayor axed the recycling program from the city's proposed 2003 budget Source: News reports, March 2002 How much more per ton is New York City paying to recycle rather than just dump its garbage? Instructions: Enter your response as a whole number. 240 per tonDo you feel that technology positively or negatively impacts economy? Cite two examples from the lesson to support your statementWhat is the major difference between microeconomics and Marcoeconomics. I need answer in a comparison way.
