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
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>

You might be interested in
Integrated marketing communications (IMC): Group of answer choices is typically overseen by a marketing communications director
makvit [3.9K]

Integrated marketing communications (IMC): "Refers to the coordination of all promotional activities to produce a unified, customer-focused promotional message."

<h3>What is Integrated marketing communications (IMC)?</h3>

IMC is described as "a planning process meant to ensure that all brand contacts for a product, service, or organisation received by a consumer or prospect are relevant to that person and consistent across time" by the American Marketing Association.

The importance of IMC are-

  • To effectively deliver a single message to both potential and current end users, integrated marketing communication helps integrate all key marketing components.
  • At a low cost, integrated marketing communication can significantly increase consumer brand recognition.
  • Any marketing initiative that employs many channels is considered integrated marketing. For instance, you might see a commercial for a popular new doughnut flavour, then drive by the donut store and see posters of the donut.

To know more about integrated marketing communications (IMC), here

brainly.com/question/20595921

#SPJ4

6 0
2 years ago
A person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould”.
Charra [1.4K]

Answer:

False.

Explanation:

Self-concept describes the kind of person or personality an individual thinks he or she has.

People that have a realistic self-concept about themselves basically see themselves as they are, not what they or the society at large wants them to be.

The statement that a person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould” is false and an absolutely incorrect notion.

First of all, no organization is interested in hiring an individual with a poor self-concept because they can't add any value to the organization in the long-run.

6 0
3 years ago
If you find a job you’re interested in on LinkedIn you should immediately
irakobra [83]

Apply for it and be a lucky man to live

6 0
3 years ago
A depreciable asset has an estimated 15 percent salvage value. At the end of its estimated useful life, the accumulated deprecia
8090 [49]

Answer:

B

Explanation:

Depreciation is the uniform decrease in the value of an asset over a period until the salvage value is reached.

It is given by :

Annual depreciation expense = (cost of asset - salvage)÷ useful life of the asset

Therefore the accumulated depreciation would not equal the original cost of the asset at the end of its estimated useful life because the salvage value will be deducted from cost of asset under declining-Balance.

7 0
3 years ago
Born and raised in India, Rashmi has always enjoyed Indian cooking. As a matter of fact, cooking was her passion and she always
My name is Ann [436]

Answer:

The answer is: Modify

Explanation:

In Rashmi´s catering business, modify refers to changing the process in order to solve problems.

Rashmi must change her recipes so that the food she sells isn´t too spicy for his potential customers. Indian food is famous for being extra spicy, but American food isn´t so she must modify it to satisfy American taste.    

3 0
3 years ago
Other questions:
  • Although most alexandria staff are voracious readers, no one has read all of the books sold by alexandria and most know some are
    12·1 answer
  • The _____ model suggests that managers should monitor employees’ perceptions of fairness.
    7·1 answer
  • If you buy a home that costs $100,000, it is currently worth $200,000, and you still owe $50,000 on it, how much equity do you h
    8·1 answer
  • Mr. Hamid is running his small retail business under the name of Hamid Store. He has recently hired Mr. Imran as a junior accoun
    12·1 answer
  • Bernie's firm has set corporate direction to become one of the leaders in each of its significant market segments. It was Bernie
    12·1 answer
  • In order for a broker to write an offer for a buyer on a HUD-acquired property, the broker must use a:
    15·1 answer
  • EB11.
    13·1 answer
  • Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
    11·1 answer
  • Good Vibrations
    9·2 answers
  • In what specific ways do you see yourself as being a part of a globalized world?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!