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4 years ago

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.

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Which of the following explains why a researcher would use an interview instead of an online survey?

uranmaximum [27]

Hey there!

I believe the answer to your question would be B.) The interviewer can record both observations and responses.

In an online survey, you can just put random answers, but in an actual interview, the interviewer can catch you off guard, and they can see expressions and hear tone of voice, to really understand your answer.

Hope it helps and have a great day!

8 0

3 years ago

The logistics/operations manager of a mail order house purchases two products for resale: king beds (K) and queen beds (Q). Each

Ann [662]

Answer:

As we want to maximize the profit, the objective function is the profit function:

$Profit=300*K+150*Q$

Explanation:

This is a linear programming problem.

We want to maximize the profit, and the limitations are budget, where we take into account the cost of the types of beds, and warehouse space, where we take into account the space the beds required.

As we want to maximize the profit, the objective function is the profit function:

$Profit=300*K+150*Q$

The constraints are:

- Budget

$500K+300Q\leq75000$

- Warehouse space:

$100K+90Q\leq 18000$

4 0

4 years ago

On December 31, 2018, the end of its first year of operations, Wildhorse Associates owned the following securities that are held

maxonik [38]

Answer:

July 1

Dr Cash $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash $9,180

Cr Gain on Sale of Stock Investments $1,530

Cr Stock Investments $7,650

Oct-01

Dr Cash $14,797

Cr Stock Investments $13,152

Cr Gain on Sale of Stock Investments $1,645

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

Explanation:

Preparation of the journal entries

July 1

Dr Cash (5,090 X $2) $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash (1,050 X $0.50) $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash [(1,020 X $9) ] $9,180

Cr Gain on Sale of Stock Investments $1,530

($9,180-$7,650)

Cr Stock Investments (274 X $7.5) $7,650

(38,175/5,090=$7.5)

Oct-01

Dr Cash [(274 X $54)] $14,797

Cr Stock Investments (274 X $48) $13,152

($50,400/1,050=$48)

Cr Gain on Sale of Stock Investments $1,645

($14,797-$13,152)

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

(1,199*$1)

8 0

3 years ago

Suppose a certain firm is able to produce 165 units of output per day when 15 workers are hired. The firm is able to produce 181

Alex_Xolod [135]

Answer:

Explanation:

Marginal output of a production is defined as the cchange in the unit produced as a result of employing one more unit of a particular factor of production.

As other inputs are fixed , the calculation is as below

Workings

marginal Output of 16th Worker = 181-165

=16 Units of output

8 0

4 years ago

Read 2 more answers

The _____ should list and describe all of the deliverables required for the project.

aalyn [17]

(WBS) that should be correct

6 0

4 years ago