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IrinaK [193]
3 years ago
6

The social cost associated with the distortion in consumption from a monopoly price is called

Business
1 answer:
Oliga [24]3 years ago
4 0

This social cost is called deadweight loss or excess burden or allocative inefficiency. It is linked with the distortion in consumption resulting from monopolized pricing.  Deadweight loss<span> is the descent in overall surplus that results from a market distortion, like tax for example. In economics, it is defined as a damage in economic efficiency that can happen when equilibrium for an amenity is not attained or is considered unachievable</span>

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Your accounting manager has decided that a behavioral interview to select accountants will solve many hiring problems. What can
Rashid [163]

Explanation:

A behavioral interview would have been more suitable than an interview even though the applicants use a benchmark from previous experiences. A situational interview is more about the possible actions of the individual in a situation. This might predict what the claimant is going to do in the future in a current situation.

The interviewing line will be focused on the applicant's experience of an past event involving the applicant. As the conversation begins, the line of question will naturally change. Studies have found that execute interviews better determine work performance. This is a useful tool to assess which candidate is best suited for the job.

4 0
4 years ago
Lucas is planning to buy a house owned by Janet. He gives her an initial amount of $10,000 to hold the offer open for a 45-day p
garri49 [273]

Answer:

The correct answer is letter "A": Option contract.

Explanation:

An option contract gives a buyer the right but not the obligation to purchase an asset at a certain price -usually fixed- and date. The term is mostly used while talking about stocks. A buyer can profit both from the upward and downward movements of the stock price. If the price goes up, the investor could bet on call options while the decreasing price could allow investors to profit from put options.

<em>Lucas's case reflects an option contract because he is planning to purchase a house from Janet at a price and date in the future but he agreed in not having the obligation to buy the house when that date arrives.</em>

3 0
3 years ago
Real GDP per hour worked is determined by A. human​ capital, physical​ capital, and technology. B. ​demand, government​ spending
iren2701 [21]

Answer:

A) human​ capital, physical​ capital, and technology.

Explanation:

the effect that an increase or decrease in capital per hour worked will cause to the GDP per hour worked depends on the level of technology applied on the production process. New technologies that significantly increase productivity are capital intensive, e.g. automation, artificial intelligence, computers, etc.

3 0
3 years ago
Someone please help will mark as brainliest
just olya [345]

Answer:

a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company, or other organizations such as government or not-for-profit entity.

Explanation:

hope you have a good day!!

6 0
3 years ago
One type of sales objective is ________, which is typically specific for each salesperson and includes his or her product knowle
mote1985 [20]

Answer:

The correct answer is behaviorally-related.

Explanation:

The professional behavior of each of the people who perform sales functions. Specific behaviors and characteristics appear. The purpose of facilitating or promoting the substantial improvement of the ability to sell. You can describe the behavior of sellers with human temperaments.

Sellers according to human temperaments:

  • The aggressive
  • The elegant
  • The frantic
  • The slow and quiet
  • Friendly

You don't necessarily have to be aggressive to succeed in sales. And it gives ideas on how sellers of other temperaments can take advantage of their qualities. A very logical idea to be more successful. The seller of any temperament must learn to change his basic behavior, and adapt it according to the circumstances.

5 0
3 years ago
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