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cupoosta [38]
3 years ago
14

We can say that the allocation of resources is efficient if

Business
1 answer:
Leto [7]3 years ago
6 0

Answer: C) total surplus is maximized.

Explanation:

Total surplus refers to the sum of both the producer and the consumer surplus.

When allocation of resources is efficient, it means that the total surplus is maximised because the price that is being charged is the same as the equilibrium price that is required.

At this point, all participants in the market will be better off which means both producers and consumers will be better off.

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Starbucks CEO Howard Schultz has made sure his employees have health insurance and work in a positive environment. He could best
Leya [2.2K]

Answer: Servant leader

Explanation: Servant leader is that leader whose main goal is to serve his followers and subordinates.  All the actions that a servant leader takes is to make sure that the needs of his followers are taken care of.

This theory is sometimes used in management also we the perception that employees are the most important asset and if they are provided with proper facility their productivity will be at full, leading to development of organization.

In the given case, Starbucks CEO is taking utmost care of his employees. Hence, it is clearly a Servant leader example.

3 0
3 years ago
Cullumber Manufacturing Company purchased 14600 switches to make 6300 units. The standard allows for 2 switches per unit. The co
earnstyle [38]

Answer:

d. $1,875 unfavorable

Explanation:

Direct material quantity variance is computed as;

= (AQ - SQ) × SP

AQ = Actual quantity = 6,300 units

SQ = Standard quantity = 14,200 / 2 = 7,300 units

SP = Standard price = $0.80

Direct material quantity variance

= (6,300 - 7,300) × 0.80

= -1,000 × $0.80

= -1,875 unfavorable

3 0
3 years ago
Who among the following is a manager with good time-management skills?
ioda

Answer:

c. Jonathan, who segregates tasks and classifies them based on priority needs

Explanation:

Time management entails planning and controlling how much time one spends to undertake assigned tasks. Good time management skills increase one's efficiency and productivity.

Phone calls should be scheduled during less productive hours. One should delegate tasks where possible to enable timely completion. It is important to undertake one task at a time in order to be efficient. Tasks should be undertaken based on priority.

Therefore, options a,b and d are incorrect and option c is correct.

7 0
3 years ago
A monopolist is a price maker because
lapo4ka [179]

Answer:

sorry just answering to get points

Explanation:

sorry just answering to get points

6 0
3 years ago
The following information relates to Bonita Co. for the year ended December 31, 2017: net income 1,298 million; unrealized holdi
tester [92]

Answer: a) $(11.3) million

b)$1,286.7million

c)$40.6 million

Explanation:This does not involve lengthy explanation.

(a) Other comprehensive income for 2017 =unrealized holding loss =available-for-sale securities during the year= $(11.3) million

(b) Comprehensive income for 2017= net income-unrealized holding loss =

$1,286.7million (1,298 - 11.3)

(c) Accumulated other comprehensive income = accumulated other comprehensive income -unrealized holding loss

$40.6 million (51.9 - 11.3)

3 0
3 years ago
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