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Businesses allocate resources for their best and most productive uses. the more a resource, the more costly it will be. a manufacturer that requires scarce and costly resources is likely to charge for its products.

Why is investing in a mutual fund less risky than investing in a particular company's stock? a. mutual funds only invest in blue-chip stocks. b. investments in mutual funds are more liquid. c. mutual funds hold a diversified portfolio of stocks. d. investments in mutual funds offer a higher rate of return.

Write a grading program for a class with the following grading policies: a. there are two quizzes, each graded on the basis of 10 points. b. there is one midterm exam and one final exam, each graded on the basis of 100 points. c. the final exam counts for 50% of the grade, the midterm counts for 25%, and the two quizzes together count for a total of 25%. (do not forget to normalize the quiz scores. they should be converted to a percentage before they are averaged in.) any grade of 90 or more is an a, any grade of 80 or more (but less than 90) is a b, any grade of 70 or more (but less than 80) is a c, any grade of 60 or more (but less than 70) is a d, and any grade below 60 is an f. the program will read in the student’s scores and output the student’s record, which consists of two quiz and two exam scores as well as the student’s average numeric score for the entire course and final letter grade. define and use a structure for the student reco