Right handed people make more money. Because most working instrument are only made for right handed hence why they make more money than left-handed people.
Answer: length- roads, yard stick, square footage in a room
Explanation: Is this what you want
<u>Answer:</u>Option c
<u>Explanation:</u>
Some of the macro economic event such as interest rates, unemployment, economic growth and inflation affects the stock markets . If any of these events occur then market has its effect on it. EMH is the efficient market hypothesis that the asset prices reflect the market situation.
When the macroeconomic event has not taken place but there is market decline then EMH is not consistent with the event or the macro economic news.Market prices also reflect due to the latest information if any.
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
