What are the three 3 important questions that every nation has to answer because of the problems of scarcity?

Answers

Answer 1

The three fundamental questions are answered differently in every community, but the issues at their core—scarcity and resource distribution—are universal.

The concept of "scarcity" in economics "refers to the underlying reality that there are finite amounts of both human and nonhuman resources, and that even the best technological knowledge can only be employed to produce finite maximum amounts of each economic commodity." " If the conditions of scarcity didn't exist and "infinite amounts of every good could be manufactured or human desires totally supplied," there wouldn't be any economic goods, or relatively scarce products. Scarcity is the limited availability of an item or service that may be in high demand on the market or among the general population. Another facet of scarcity is one person's inability to buy products. The opposite of scarcity is abundance. Scarcity is important and essential in economic theory.

Learn more about scarcity from

brainly.com/question/26856258

#SPJ4


Related Questions

What is the major problem of economics and why do we have such problem?

Answers

The conundrum of limited resources and insatiable wants is the core issue in economics. Additionally, economics has demonstrated that a man's requirements cannot be met. As more of our requirements are met over time, we gradually create greater wants.

The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies .

Learn more about economic from

brainly.com/question/17996535

#SPJ4

What does fixed rate mortgage means?

Answers

A home loan option with a fixed interest rate for the duration of the loan is known as a fixed-rate mortgage.

How long is a 30-year fixed mortgage? A home loan option with a fixed interest rate for the duration of the loan is known as a fixed-rate mortgage.In essence, the mortgage's interest rate will not vary throughout the loan's term, and the borrower will continue to make equal monthly payments for interest and principal.In the event that all payments are made on time, a 30-year fixed-rate mortgage will be fully repaid in 30 years.During the entire term of a fixed-rate loan, the interest rate is fixed.A fixed-rate loan's principal benefit is that, in the event that interest rates rise, the borrower is shielded against unexpected and potentially large increases in monthly mortgage payments. Mortgages with fixed rates are simple to comprehend and have few differences across lenders.

To learn more about  mortgage refer

https://brainly.com/question/1318711

#SPJ4

A worker should ______ any time the worker notices a minor quality problem that is not critical to product function or performance

Answers

A worker should notify the supervisor to determine the correct action to take any time the worker notices a minor quality problem that is not critical to product function or performance.

A manager is accountable for handling the workflow and schooling new hires on how they could high-quality serve clients and teams of personnel. additionally, they create schedules that hold absolutely everyone busy with cut-off dates met to save you gaps or downtime while giving direction and remarks approximately what desires improvement.

A supervisor or lead, (also known as foreman, boss, overseer, facilitator, reveal, place coordinator, line supervisor, or now and again gaffer) is the job name of a lower-level management function that is primarily based on authority over workers or a place of work.

Extra officially addressed as a manager, team leader, or a supervisor is a person who oversees employees of a business enterprise or corporation. Their job is to make crucial choices and to ensure obligations are finished and the enterprise is assembling its goals.

To learn more about Supervisors visit here:

brainly.com/question/14936907

#SPJ4

Which of the following would be a consideration for "sell as is or process further" decisions?
A) Revenue generated if sold "as is"
B) Revenue generated if "further processed"
C) Costs involved in further processing
D) All of the above

Answers

D is your answer.

Hope this helps have an excellent day!

Which of the following is true of price discrimination as a part of international pricing strategy?
A. The more competitors there are, the lesser consumers' bargaining power will be.
B. The more competitors there are, the less likely consumers will be to buy from the firm that charges the lowest price.
C. A firm may charge a higher price for its product in a country where competition is limited than in one where competition is intense.
D. Many competitors cause low elasticity of demand.
E. If a firm raises its prices above those of its competitors, consumers will refuse to switch to the competitors' products.

Answers

C. A firm may charge a higher price for its product in a country where competition is limited than in one where competition is intense is true of price discrimination as a part of international pricing strategy.

This is called first-degree price discrimination, when a firm charges different prices for the same product to different customers based on their willingness to pay. In a country where competition is limited, a firm may charge a higher price as consumers may have less bargaining power and less alternatives to choose from. While, in a country where competition is intense, the firm may charge a lower price to compete with other firms and increase market share. The other statements are not always true and are determined by the market conditions and the firm's pricing strategy.

Find out more about  firm's pricing strategy

brainly.com/question/27500370

#SPJ4

Computing real exchange rates Consider a basket of consumer goods that costs $100 in the United States. The same basket of goods costs 300 in Malaysia. Holding constant the cost of the basket in each country, compute the real exchange rates that would result from the two nominal exchange rates in the following table. Cost of Basket in Cost of Basket in Nominal Exchange U.S. Malaysla Rate Real Exchange Rate (Dollars) (Ringgit) (Ringgit per dollar) (Baskets of Malaysian goods per basket of U.S goods) 100 300 4.50 100 300 12.00

Answers

The real exchange rate is 4. The real exchange rate shows how the price of a basket of goods abroad has changed over time in comparison to the price of the same basket at home.

What is Real Exchange Rate?

The nominal exchange rate (e) divided by the price-to-price ratio (P/P*) between the two nations is the real exchange rate (RER). As a result, the RER is eP*/P. Consider Germany's situation in relation to the United States.

The current price that consumers and businesses will pay to purchase a foreign product using their home currencies is known as the real exchange rate. For instance, if the current U.S.-Britain exchange rate was $138 U.S. dollars for one pound, an American consumer would require $1.38 to purchase one pound's worth of goods.

After conversion into a foreign currency, the real rate indicates how much more or fewer goods and services can be purchased abroad for a given amount than on the domestic market. In practice, changes in the real exchange rate are more important than changes in its absolute level.

the Formula of the real exchange rate is;

Nominal Exchange Rate ×Price prevailing in foreign country / Price prevailing in the domestic country

4.5 * 100/300= 1.5

So, 1.5 baskets of Malaysian goods per basket of U.S. goods.

When the nominal exchange rate is 12 Ringgit per dollar, the real exchange rate = 12 * 100/300 =4

Thus, 4 Malaysian goods per American goods basket.

To know more about Foreign Currency, visit:

https://brainly.com/question/15874744

#SPJ4

The question is as follows:

Which of the following is not a component of internal analysis leading to competitive advantage?
a.Tangible and intangible resources.
b.Analysis of supplier power.
c.Capabilities.
d.Core competencies

Answers

Supplier power analysis is not a part of internal analysis that produces a competitive advantage.

A trait that enables a corporation to outperform its competitors is known as a competitive advantage. Competitive advantages include access to natural resources like high-grade ores or a cheap supply of energy, highly skilled labor, a strategic location, high entry barriers, and access to cutting-edge technologies and proprietary information. Competitive advantage is the advantage a business has over its rivals. This can be done by giving them better and more valuable things. Advertising products or services with lower prices or higher quality piques consumer interest. This is the rationale behind why customers choose one brand of product or service over an alternative. To grasp competitive advantage, one must comprehend value proposition.

Learn more about competitive advantage from

brainly.com/question/26514848

#SPJ4

Maximize performance and inspire colleagues by visualizing success and identifying unconventional, yet highly effective strategies

Answers

Performance can be maximized and colleagues can be inspired by setting clear and attainable goals, recognizing and rewarding successes, and providing feedback and support.

What is performance?
Performance
is the process of achieving desired outcomes. It involves executing tasks, activities, and processes in order to meet set objectives. Performance is generally measured by assessing the quality, effectiveness, and efficiency of a task. Performance measurement looks at different aspects of a task, such as its accuracy, duration, and cost.

Visualizing success can help to motivate and focus efforts. It can also be helpful to identify unconventional strategies that have been successful for others in similar situations, and to brainstorm together on how these strategies could be adapted to the current situation.

To learn more about performance
https://brainly.com/question/27953070

#SPJ4

What is the benefit of paying discount points as part of the closing costs ?

Answers

The benefit of paying discount points as part of the closing costs will let you to  pay an initial fee in exchange for a lower interest rate.

In most cases, you can trade off how you pay for your mortgage and closing costs by using points and lender credits. In exchange for paying an initial fee, points, also known as discount points, lower your interest rate. Your closing costs will be lower if you accept a higher interest rate in exchange for lender credits.

Why do some borrowers opt to pay discount points on their mortgages?

Borrowers who are using their savings to make a down payment but don't want to pay more up front can benefit from these credits. Due to the fact that lenders typically charge a variety of closing costs, decreasing the initial cash payment can alleviate some financial strain.

Who will pay for the discount points?

In exchange for a lower interest rate, mortgage points—also known as discount points—are fees paid directly to the lender—usually a bank—by a homebuyer. Another term for this is "buying down the rate." In essence, you get a lower interest rate over the course of your loan in exchange for paying some interest up front.

Learn more about discount points:

brainly.com/question/28549547

#SPJ4

To honor your instructor in ECON 310, you have decided at graduation to endow a professorship in engineering economics that pays $300,000 per year in perpetuity (i.e., forever). If accounts at the UM Foundation earn 4% interest, you will have to make a lump-sum gift of __________ to achieve your goal. A. $8,625,000 B. $11,856,322 C. $6,325,000 D. $7,500,000

Answers

You will have to make a lump-sum gift of D. $7,500,000 to achieve your goal.

This can be computed as,

300,000 × (1/.04)

As opposed to a series of payments made over time, a lump sum payment is a one-time, sizable quantity of money provided to an employee. Due to the fact that the entire amount of money is being paid up front, lump sum payments have a lesser value when they are used to purchase goods or services.

Your financial situation will be more in your hands if you receive lump sum payments because you will have more freedom to spend or invest your money however you see appropriate. According to studies, pensioners who get a monthly pension payment are more likely to keep up their current level of expenditure than retirees who receive lump-sum benefits. A lump amount is a single payment.

To learn more about lump sum: https://brainly.com/question/26622617

#SPJ4

What are the pros and cons of a mixed economy?

Answers

Pros of a Mixed Economy 1. Economic Freedom: A mixed economy allows for both private and public enterprise to operate in an economy, providing individuals with more economic freedom and choice.

2. Economic Efficiency: Government intervention in a mixed economy is typically limited, which allows for a more efficient allocation of resources and production.

3. Stability: A mixed economy provides stability, since both the private and public sector participate in the economic decision-making, avoiding extreme changes in the economic cycle.

4. Innovation: The private sector tends to drive innovation in a mixed economy, leading to higher productivity and economic growth.

Cons of a Mixed Economy

1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.

2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.

3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.

4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.

To know more about economy here

https://brainly.com/question/30105821

#SPJ4

An ADR has been issued where each ADR equals .1111 ordinary shares of the foreign issuer. If a client wished to buy enough ADRs to cover 100 ordinary shares, how many ADRs must be purchased

Answers

1111 ordinary shares of the foreign issuer are represented by each ADR that has been issued. How many ADRs would need to be purchased if a customer wanted to purchase enough to cover 100 ordinary shares.

900, as each ADR is equal. A foreign security held at a foreign office of a U.S. bank is known as an American Depositary Receipt. The bank issues receipts in exchange for these ordinary shares, which are listed and traded on U.S. stock exchanges and registered in the country as securities. The number of advancing shares divided by the number of decreasing shares is known as the advance-decline ratio.

To learn more about ordinary shares, click here.

https://brainly.com/question/16554294

#SPJ4

What do you mean by undecidability?

Answers

Not being able to be decided upon, not decidable, is what is meant by undecidability.

What exactly do Decidability and Undecidability mean?A conundrum of decision If the language L of all instances of yes to P is not decidable, then P is not solvable. A language that cannot be decided upon may yet be partially decided upon.A Turing machine wouldn't exist for a language if it wasn't even partially decidable, so let's assume that is the case.The absence of a Turing machine that can decide a language is required to demonstrate its undecidability. Assuming all potential TMs, this is challenging.Not being able to be decided upon, not decidable, is what is meant by undecidability.      

To learn more about undecidability refer to:

https://brainly.com/question/30128933

#SPJ4

United and Delta recently cut their prices for flights between Los Angeles to Seattle to $199. In response, Alaska Airlines cut their price from $239 to $199 for flights between Los Angeles and Seattle in order to remain competitive. Based on this example, what degree of competition exists in the airline industry?

Answers

The degree of competition exists in the airline industry is Oligopoly.

An oligopoly is when a small group of big sellers or manufacturers control a sizable portion of a market or an entire industry. The desire to maximize profits frequently gives rise to oligopolies, which can lead to corporate cooperation. Less competition, higher consumer pricing, and lower employee compensation are the results. Many industries, including civil aviation, energy providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer manufacture, pulp and paper manufacturing, and auto manufacturing, have been characterized as being oligopolistic. Most nations have legislation that forbids engaging in anti-competitive behavior. EU competition law forbids the use of anti-competitive strategies such price-fixing, influencing market supply, and interfering with rival trade.

To learn more about Oligopolies click here

brainly.com/question/28482613

#SPJ4

What is the concept of resources in economics?

Answers

A resource is an item or activity that is utilized in economics to generate commodities and services that cater to the needs and desires of people.

The definition of economics itself is the study of how society manages and distributes its limited resources. Economic resources are the ingredients that go into making products or rendering services. In other words, they are the resources that are employed as inputs to produce goods or support the provision of services. Human resources, like labor and management, and nonhuman resources, such land, capital goods, financial resources, and technology, are two categories of economic resources.

An economy is a collection of institutions and businesses that either directly participate in or assist the creation and transfer of commodities and services. The materials we utilize to manufacture and dispense products and services are known as economic resources. The exact ratio of each production element will vary from product to product and from service to service, but the objective is to employ resources as efficiently as possible to maximize output at the lowest feasible cost. Resource misallocation or misuse may lead to the collapse of entire economies and enterprises.

We can learn more about economic resources here:

https://brainly.com/question/1503203

#SPJ4

a work package represents one component of the product that the project aims to deliver.
a. true
b. false

Answers

False, a work package represents one component of the product that the project aims to deliver.

What is a Work package?

A work package is a breakdown of the larger project into smaller, manageable tasks. It typically includes a detailed description of the tasks to be completed, the resources required, and the timeline for completion. It can also include a budget, a risk assessment, and quality assurance requirements. Work packages help to ensure that all the necessary tasks are completed on time and within budget.

What is Budget?

A budget is an estimate of income and expenditure for a specific time period. It is a plan that helps individuals, organizations, and governments manage their finances in order to achieve specific financial goals. Budgets usually include categories for income, expenses, assets, liabilities, and savings. Budgeting is an important tool for helping individuals and organizations make informed decisions about their financial futures. It allows them to plan ahead and allocate resources appropriately. Budgeting also helps identify potential risks and opportunities, allowing organizations to make strategic decisions that promote their long-term success.

Therefore the option B. False.

To know more about Budget,

https://brainly.com/question/24940564

#SPJ4

Do command economies provide healthcare?

Answers

Yes, public healthcare, often known as socialized medicine, is frequently offered in command economies.

What essential qualities of a command economy?

A command economy is one in which the means of production are owned by the government and in which there is (presumed) social equality. All economic activities in a command economy are planned, synchronized, and directly supervised by the central government in order to maximize public welfare.

Why was command economy created?

A command economy is created to assist the government in achieving its financial goals. These goals may include preserving full employment, controlling inflation, or supporting certain industries.

To know more about healthcare visit :-

https://brainly.com/question/28426089

#SPJ4

By the fourth quarter of 2018, U.S. households had accumulated $15.5 trillion in housing equity, which represents about 15 percent of their net worth. What proportion of U.S. households own their home

Answers

Two-thirds of households in the United States own their own home. In the year 2021, the homeownership rate in the United States was 65.5%.

The proportion of occupied households that are occupied by the owners is known as the homeownership rate. Before the 2007-2009 recession, which decimated the housing market, this reached its peak in 2004.

How many American households own a home?

Real estate is owned by 64% of Americans. 35 percent of people in the United States do not own a home. Since the 1940s, homeownership rates in the United States have increased to nearly 65%.

In 2022, what proportion of Americans will own homes?

The homeownership rate of 66.0 percent was not statistically different from the rate in the second quarter of 2022 (65.8 percent), which was 0.6 percentage points higher than the rate in the third quarter of 2021 (65.4 percent).

To learn more about homeownership rate here:

https://brainly.com/question/29442251

#SPJ4

Define the marginal social benefit of pollution, and explain why polluting more can provide benefits to a firm even when it could produce the same quantity of output without polluting as much

Answers

The additional compensation to individuals from each additional unit of pollutant is known as even the marginal social good of pollution. A company may gain from increasing its pollution levels if, for instance, it must purchase and install pricey special equipment to extract Carbon dioxide in order to stop CO2 emissions.

What is the pollution's minimal social benefit?

Recall that marginal societal benefit of contamination is the huge savings that an increased unit of pollutants results in for polluters. Accordingly, each plant will continue to emit pollution until its own marginal utility of pollution equals zero in the absence of government intervention.

What does marginal benefit mean?

A marginal utility is the highest price a consumer will pay for an extra bonus service or product. It also refers to the additional pleasure or use that a customer experiences after purchasing the extra commodity or service.

To know more about marginal benefit visit:

https://brainly.com/question/22519664

#SPJ4

The forecasting team needed direction and decisions from their manager, Kathy. They were already two days overdue on the project deadline. Kathy didn't want to disappoint any of her colleagues and she was trying to people please all of her coworkers, even to the point of a late project. Which negative motivating factor did Kathy demonstrate

Answers

Kathy tried to please everyone at work, even to the point of a late project, because she didn't want to let any of her employees down. Kathy displayed an unfavorable driving factor: insecurity.

A person who completes particular responsibilities for a company in exchange for regular payment is called an employee. a person who accepts a job as a paid employee from another or from a company, firm, etc. also known as personnel. An employer is a person, business, or other entity that hires workers and compensates them for their labor. Employees are those who are paid to perform labor. Employers provide workers a job. A person who has consented to be employed under the terms of an employment contract is said to be an employee. Your employment status will play a role in determining what obligations and rights you have at work.

Learn more about employees from

brainly.com/question/27953070

#SPJ4

An investment should be accepted if □A. it has positive total cash inflows □B. it has a payback period in less than 10 years □c. the investment's rate of return is lower than the company's current year required rate of return the net present value is positive e Previous Skip Save & Next M MST

Answers

An investment should be accepted if □A. it has positive total cash inflow

The goal of investing in the financial realm is to make money from the asset that is being used. An unrealized capital gain (or loss), investment income like dividends, interest, or rental income, a mix of capital gain and income, as well as a gain (profit) or loss realized through the sale of a house or investment, may all be included in the return.Investments are sums of money used to purchase assets with the expectation that their value will increase over time

Learn more about investment:

https://brainly.com/question/15353704

#SPJ4

What is the purpose of FHA?

Answers

In the whole United States and its territories, the Federal Housing Administration (FHA) offers mortgage insurance on loans for single-family, multifamily, mobile home, and hospital properties.

President Franklin Delano Roosevelt founded the Federal Housing Administration (FHA), commonly known as the Office of Housing inside the Department of Housing and Urban Development (HUD), which was partly established by the National Housing Act of 1934. Private lenders' mortgages for single-family homes, multi-family rental properties, hospitals, and residential care facilities are insured by the FHA. Lenders are protected against losses by FHA mortgage insurance. The FHA pays a claim to the lender for the outstanding principle amount if a property owner defaults on their mortgage. Lenders are able to provide more mortgages because they assume less risk. The organization works to make it easier for people with low and moderate incomes and first-time homebuyers to obtain mortgage credit that is affordable, as well as to build market-rate and affordable rental homes, hospitals, and residential care facilities in communities throughout the United States and its territories. It differs from the Federal Housing Finance Agency (FHFA), which regulates state-owned businesses.

Learn more about Federal Housing Administration here

https://brainly.com/question/26897682

#SPJ4

Please decide which career field each of the following career clusters fit into. If they fit into more than one, list all possibilities.
District attorney, paralegal, police officer, corrections officer, parole officer
Farmer, geologist, food science expert, chef, botanist specializing in genetically modified crop seeds
Car salesman, social media manager, convenience store manager, online customer service rep
CEO, human resources manager, personal assistant
Front desk manager, housekeeping, travel agent, tour bus operator, amusement park ticket reservations agent

Answers

Answer:

District attorney, paralegal, police officer, corrections officer, parole officer - Law and Public Safety

Farmer, geologist, food science expert, chef, botanist specializing in genetically modified crop seeds - Agriculture, Food, and Natural Resources

Car salesman, social media manager, convenience store manager, online customer service rep - Marketing, Sales, and Service

CEO, human resources manager, personal assistant - Business Management and Administration

Front desk manager, housekeeping, travel agent, tour bus operator, amusement park ticket reservations agent - Hospitality and Tourism

When a corporation is making a limited time offer to buy its own securities or the securities of another company at a price that is above the current market price, this is known as a:

Answers

This is known as a tender offer. A tender offer is a public offer made by a company or a third party to purchase a substantial portion or all of the outstanding shares of a publicly traded company at a premium over the current market price.

The tender offer is usually made for a limited time and the shareholders can choose to accept or reject the offer. Tender offers can be used for a variety of reasons, such as acquiring control of a company or acquiring a significant stake in a company.

A tender offer is a public offer made by a company or a third party to purchase a substantial portion or all of the outstanding shares of a publicly traded company.

The offer is usually made at a premium over the current market price, meaning that the price offered to shareholders is higher than what the shares are currently trading for on the stock market.

This can be a good opportunity for shareholders to sell their shares at a higher price than they would receive if they sold them on the stock market.

To learn more about market prices at

https://brainly.com/question/15142612?referrer=searchResults

#SPJ4

On a CVP graph, the total cost line intersects the vertical (dollars) axis at A. the level of the variable costs. B. the origin C. the level of the fixed cost. D. the breakeven point.

Answers

Option D is correct because, at the break-even point, the total cost line on a CVP graph intersects the vertical (dollars) axis.

What is an analysis of cost-volume-profit?

Break-even analysis, or Cost Volume Profit (CVP) Analysis, is a financial planning tool that business leaders use to choose short-term business strategies. The short-term effects of changes in selling price, costs, and volume on profits are communicated to business decision-makers by this.

Break-even analysis is the most common use of CVP by leaders in financial planning and analysis (FP&A). Simply put, break-even analysis is the process of determining how many sales are required to cover the costs of running a business to the point where there is no profit or loss.

To learn more about CVP graph visit :

https://brainly.com/question/26411668

#SPJ4

The design for the new electric car had been approved by the board and production was underway, but the VP of Manufacturing was nervous about the rate of defective parts from suppliers. See the screenshot below. What function can be used to summarize the number of defects by subassembly name by month in the cells G3 LB? Assume the three columns of the dataset have been named Subassembly Name, Month and Defects. D G 1 jan Feb March April May une Subably Name Master Cylinder Master Cylinder Wheb Master Cylinder LED Army LED bly Month May Feb March an une March Defects 22 14 90 45 23 87 Master Cylinder Wheel Hub LED Assembly Air Cockpit Monitor Locking June Cockpit Monitor May 38 29 33 71 14 Masterinde March une Marc Fe ht 1 Cockpit Lic Maler de 61 45 23 5 Mars 40 12 TE GESUBTOTAL(9 Defects Month GS2 Subassembly Name SF3) H lan Feb March April mer June blom 2 Master Minder Master Cylinder Wheel Hub Master Cylinder 6 LED Asembly LED Assembly Nrba 9 Airbag 10 Cockpit Monitor 11 Airbus 12 Master Cylinder Month May Feb March Jan June March Defects 22 14 90 45 23 87 SS 38 29 33 71 Merder Wheel LED Asembly Art Cockpit Monitor Locking June April May June March June March Feb Feb June March Feb Eeb und April 15 Airbag It Cockpit Monitor 1+ locking System T Master Cylinder 19 Locking System 20 Lacking System 1 LED bly Locking System Cockpit Monitor Locking System Arbag Wheel HD GH 45 23 81 40 125 43 76 March 58 41 =SUBTOTAL(9, Defects, Month G$2 Subassembly Name SF3) -SUMIF(Month=G$2 Subassembly Name=SF3 Defects) =SUMIFS(Defects Month G$2 Subassembly_Name SF3) =AUTOSUM (Defects Month=G$2 Subassembly Name=$F3)

Answers

The design for the new electric car had been approved by the board.The function can be used to summarize by month in the cells G3 LB =SUMIFS(Defects, Month, G$2, Subassembly_Name, $F3).

Option C is correct.

SUMIFS function:

A function called SUMIFS is used to sum cells that meet multiple criteria. When dates, numbers, and text-based criteria are met by adjacent cells, SUMIFS can be used to sum the values. The SUMIFS function is the most suitable one to use because defects contain numerical values while subassembly names and months contain characters.

The numerical data set, not the textual dataset, is summarized using the subtotal and autosum functions. The total number of cells that satisfy a single condition is returned by Excel's SUMIF function.

How is a Sumifs formula written?

The SUMIFS function is a pre-made Excel function that uses one or more true or false conditions to determine the sum of a range. It is written as =SUMIFS: =SUMIFS(sum_range, criterion_range1, criterion_range1, [criterion_range2, criterion 2])

Question is incomplete . Missing options are below:

The design for the new electric car had been approved by the board and production was underway, but the VP of Manufacturing was nervous about the rate of defective parts from suppliers. See the screenshot below. What function can be used to summarize the number of defects by subassembly name by month in the cells G3 LB? Assume the three columns of the dataset have been named Subassembly Name, Month and Defects. D G 1 jan Feb March April May une Subably Name Master Cylinder Master Cylinder Wheb Master Cylinder LED Army LED bly Month May Feb March an une March Defects 22 14 90 45 23 87 Master Cylinder Wheel Hub LED Assembly Air Cockpit Monitor Locking June Cockpit Monitor May 38 29 33 71 14 Masterinde March une Marc Fe ht 1 Cockpit Lic Maler de 61 45 23 5 Mars 40 12 TE GETSUBTOTAL(9 Defects Month GS2 Subassembly Name SF3) H lan Feb March April mer June blom 2 Master Minder Master Cylinder Wheel Hub Master Cylinder 6 LED Assembly LED Assembly Nrba 9 Airbag 10 Cockpit Monitor 11 Airbus 12 Master Cylinder Month May Feb March Jan June March Defects 22 14 90 45 23 87 SS 38 29 33 71 Merder Wheel LED Assembly Art Cockpit Monitor Locking June April May June March June March Feb Feb June March Feb Eeb und April 15 Airbagit Cockpit Monitor 1+ locking System T Master Cylinder 19 Locking System 20 Lacking System 1 LED bly Locking System Cockpit Monitor Locking System Airbag Wheel HD GH 45 23 81 40 125 43 76 March 58 41

Option are given below:

A. =SUBTOTAL(9, Defects, Month G$2 Subassembly Name SF3)

B. = SUMIF(Month=G$2 Subassembly Name=SF3 Defects)

C. =SUMIFS(Defects Month G$2 Subassembly_Name SF3)

D. =AUTOSUM (Defects Month=G$2 Subassembly Name=$F3)

Learn more about SUMIF function:

brainly.com/question/14885843

#SPJ4

True or false: Over 70% of business employees trust their senior management and believe that their company leaders act with honesty and integrity. True false question. True False

Answers

Over 70% of business employees trust their senior management and believe that their company leaders act with honesty and integrity. This statement is false.

Only 36% of workers think their company's executives behave honestly and morally.Simply put, having a leadership style entails giving people direction, carrying out plans, and inspiring others. Setting the bar high while inspiring others is how I lead.

Being honest gives one security and assurance. Honesty regarding one's morals and values is a sign of integrity. Therefore, it is safe to trust such a person.

Poor communication is typically a result of management issues. Orders are misunderstood, which leads to serious errors. The fundamental issue with communication is that what is actually understood might not be what the other person was trying to say.

To know more about business leader:

https://brainly.com/question/29704284

#SPJ4

What term BEST describes something done just to earn money?

A.
path
B.
activity
C.
job
D.
career

Answers

Answer:

its job in my opinion

C is your answer

Jobs are usually meant to be temporary just to earn money whereas careers are usually not temporary and just for the sake o making money.

Mark me brainliest pls

where price is given in dollars and quantity in millions of barrels per day. the domestic equiibrium price is 22.67

Answers

where the price is given in dollars and the quantity is given in millions of barrels per day. With 9.3 million barrels traded per day, the domestic equilibrium price is $22.67 per barrel.

An equilibrium price, also known as a market-clearing price, is the consumer cost assigned to a product or service at a point where supply and demand are equal or nearly equal. The manufacturer or vendor can sell as many units as they want, and the quantity customer can buy as many as they want. There is no shortage or surplus at the equilibrium price: the quantity of the good that buyers are willing to buy equals the quantity that sellers are willing to sell.

To learn more about equilibrium, click here.

https://brainly.com/question/28527601

#SPJ4

Which of the following would NOT be produced or offered using a​ fixed-position layout? A. a ship B. a hospital operating room C. a hospital emergency room D. a highway

Answers

an emergency room in a hospital These would be created or made available in a fixed location, such as a road, a hospital operating room, or a ship.

Why was emergency Cancelled?

An American action-adventure medical drama television series called Emergency! is co-produced by Universal Television and Mark VII Limited. It made its NBC debut on January 15, 1972, as a midseason replacement for the two short-lived situation comedy series The Partners and The Good Life. From that point until May 28, 1977, it aired a total of 122 episodes, with six more two-hour television movies airing in the following two years, 1978 and 1979.

Randolph Mantooth and Kevin Tighe, who both work as paramedics and firefighters in the Los Angeles metropolitan area, play two rescues in the television series.

Know more about fixed location visit:

https://brainly.com/question/13145570

#SPJ4

Other Questions
What is the style of architecture found in the United States of America's government and civic buildings? Television journalist barbara walters died on december 30. What was her first job in broadcasting? Priya is studying how towns in her state were named either with Native American words or after towns in England. What is Priya studying Which pricing strategy assumes customers will switch to a new product because of the lower pricing and has the purpose of increasing its market share by taking advantage of economies of scale Given that a function, g, has a domain of -20 x 5 and a range of -5 g(x) 45 and that g(0) = -2 and g(-9) = 6, select the statement that could be true for g. A. g(7) = -1 B. g(-4) = -11 C. g(0) = 2 D. g(-13) = 20 What is Locke's natural rights philosophy ? Set builder notation integers between 7 and 50 If you could choose to take away any one of the conflicts from the from The Tempest, what would it be? Why?Your explanation should indicate the way removing the conflict would impact the overall text (play).Be sure to type your answer in two to three complete sentences. A product-oriented layout would be most appropriate for which one of the following businesses?a. fast foodb. steel-makingc. insurance salesd. clothing alterations How does wellness affect our daily lives? A dedicated PV system circuit breaker, suitable for backfeed and positioned at the opposite end of the bus from the ______, is a requirement of NEC 705.12(B). A network administrator wants to ensure that connections between two servers are split according to usage. Which of the following devices can be used to best accomplish this?A. bandwidth shaperB. content switchC. proxy server,D. load balancer How does Joseph Goebbels portray Jewish people in his pamphlet and his political cartoons? How do you think this type of messaging from the highest level of government affected how the average German felt about Jews?PLEASE HELP IM SHORT ON TIME!! -POINTS-(4IZ0 Dont even try.) Help me with this problem - find y[tex]y + 25 = 625 \div 25[/tex] solve for inequality for graph y + 4 > 1/2 {x + 2} Calculate the molality of each of the following aqueous solutions (a) 2. 50 m nacl solution (density of solution = 1. 08 g/mL) (b) 48. 2 percent by mass KBr solution What measures bandwidth in terms of numbers transferred or received per unit of time?A. Connection timeB. BroadbandC. ProtocolD. Bit rate What are the 4 required financial statements and what does each one tell about the company to the user of the information? How did the war change the role of minorities in the workforce?