1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
cupoosta [38]
4 years ago
14

We can say that the allocation of resources is efficient if

Business
1 answer:
Leto [7]4 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.

You might be interested in
What are the three ways products can be designed or redesigned to be more environmentally compatible?
UNO [17]

Answer:

Industrial design: Its function is to determine all the characteristics of the product or service, combining experience, technical knowledge of products and manufacturing processes with marketing forecasts.

Product / service communication design: Its function is to create the best conditions for identification and recognition: brand, catalogs, advertisements, stands, packaging, packaging, labels and other auxiliary elements, removing the product from anonymity and claiming the attention of the buyers and consumers.

Corporate image design: Aimed at enhancing the identity of the company and transforming them into market values.

6 0
3 years ago
At the end of 2018, Murray State Lenders had a balance in its Allowance for Uncollectible Accounts of $4,500 (credit) before any
Kruka [31]

Explanation:

The journal entry to record the estimated uncollectible accounts is shown below:

Bad debt expense Dr $7,500

      To Allowance for uncollectible accounts       $7,500

(Being the bad debt expense is recorded)

The computation is shown below:

= Estimated amount for uncollectible accounts - credit balance in allowance for uncollectible accounts

= $12,000 - $4,500

= $7,500

5 0
3 years ago
I wanna to know answers for this questions
anyanavicka [17]
11: no, it is not right for them to do so.
12: many antivirus producers promote their products through the fear of computer viruses. But these antiviruses often aren't effective.
7 0
3 years ago
Read 2 more answers
ExxonMobil reports total assets of $188 billion and total liabilities of $87 billion. Citigroup reports total liabilities of $1,
Alexus [3.1K]

Answer:

$101 billion

Explanation:

The computation of the amount of stockholders' equity of ExxonMobil is shown below:

As we know that

Total assets = Total liabilities + stockholder equity

where,

total assets is $188 billion

And, the total liabilities is $87 billion

So, the stockholder equity is

= $188 billion - $87 billion

= $101 billion

8 0
3 years ago
Will has lived in the united states since 2000 and has an individual taxpayer identification number (itin). will is single and 2
Nitella [24]

Will should be able to claim all of these deductions.

7 0
3 years ago
Other questions:
  • Albert Company discovers in 2017 that its ending inventory at December 31, 2016, was $5,000 understated. What effect will this e
    11·1 answer
  • Tadashi's uncle passed away and left him a Realty Experts franchise. Tadashi is not a licensed agent or broker, nor does he know
    6·1 answer
  • Natalie's team needs to make a decision on how to handle a big product recall. People on the team have a lot of strong opinions.
    15·1 answer
  • Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,
    7·1 answer
  • The basic difference between macroeconomics and microeconomics is: In a command economy, the __________ either makes most econom
    13·1 answer
  • Producers often use ________ as a primary basis for setting prices on the goods and services they offer the public. tariffs cost
    7·1 answer
  • When a group wants to achieve a consensus or unanimous decision, the responsibility of the chair is to be constantly attentive t
    5·1 answer
  • You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 mil
    13·1 answer
  • The Fitter Snacker company sold 6,435 cases of snack bars in June of the previous year.They are expecting sales to increase by 3
    13·1 answer
  • A __________ provides a summary of cash coming into and money going out of a firm from operations activities, financing activiti
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!