What is the difference between a shortage and scarcity? select one: a. scarcity will almost always exist, but a shortage will exist only if the price is kept below the equilibrium level. b. scarcity is a result of two or more alternative uses, and quantities of supply and demand adjusting to flexible prices will create shortages. c. a shortage will exist when a good is scarce. d. there is no distinction between the two. they are the same thing.

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy. b. this is a negative response strategy. c. this is a response strategy for either positive or negative risk known as contingency planning. d. this is a response strategy for either positive or negative risks known as passive acceptance.

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?