To an economist, scarcity means that: a. resources are unlimited but people's desires are limited. b. a good is unavailable even at very high prices. c. at a zero price, the available quantity of a good is insufficient to meet people's wants. d. at the current market price, the amount available is less than the amount that people want and are willing to pay for. e. it is very time-consuming to find a good.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $