No individual or preference criterion can be made better off without at least one of them becoming worse off, which is known as Pareto efficiency or Pareto optimality.
<h3>
What is the pareto-optimal frontier?</h3>
No individual or preference criterion can be made better off without at least one of them becoming worse off, which is known as Pareto efficiency or Pareto optimality. When no additional adjustments to the economy can make one person better off without also making another person worse off, the economy is said to be in a Pareto optimal state. The concept of Pareto optimality, also known as Pareto efficiency, is widely applied in economics. It represents a condition in which there are no more ways to increase society's well-being through resource reallocation that benefits at least one individual without harming another.
The Pareto front, also known as the Pareto frontier or the Pareto set, is the collection of all Pareto efficient solutions in multi-objective optimization. The idea is frequently applied in engineering. Pareto efficiency is crucial because it offers a flimsy but frequently used yardstick for contrasting economic results. It's a flawed criteria because the Pareto test doesn't explain how to choose between the several feasible scenarios.
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Answer:
Letter A is correct. Pull; Push.
Explanation:
<u>The pull strategy </u>is most emphasized by business-to-consumer companies because it is used to attract consumers through intense marketing and advertising communication, whose primary goal is to create brand value through customer loyalty.
<u>The push strategy</u> is more commonly used in business-to-business as it means pushing and bringing the products or services to the customer, is a strategy that involves direct selling usually exposed to the potential customer in showrooms and involves negotiations with retailers for example, offering discounts and special conditions to sell your products at your points of sale.
Answer:
$46,400
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Net operating income under variable costing + Fixed overhead deferred in ending inventory - Fixed overhead released in beginning inventory
= $74,000 + $0 - $27,600
= $46,400
All other information which is given in the question is not relevant. Hence, ignored it
Answer: Allowing project managers to plan the project the way they see fit.
Explanation: Project governance may be described as collectively adopted and designated framework or structure which is employed to serve as a guide or model during the entire process of project planning and development. The project governance model is often in tandem with the organizational management framework and provides the necessary guidance and protocol for project management. Hence, it includes setting standard benchmarks, continuous monitoring of project activities and Options for standard incorporation and continuous improvement.
We can use different parts of a landscape to represent different stages of its evolution this strategy is called trading location for <u>time</u>
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<h3>Definition of evolution</h3>
The term "evolution" is one that most of us first hear in a science class, although the idea has application in a variety of fields, including biology, technology, and behavior.
When we discuss business evolution, we're talking about adapting to market dynamics, client demand, and evolving technologies to assure relevance and advancement.
According to Paul Salnikow, who makes this argument, "We have seen the rise of shifts in business habits, with global travel, The emergence of the internet, and really global communication. People now view marketplaces on a regional or even global level rather than as a country or city, and in order to reach their markets, they relocate.
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