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alekssr [168]
4 years ago
10

When there is allocative efficiency in a market, the buyers' maximum willingness to pay for the last unit traded is equal to the

sellers' minimum acceptable price for that unit. True or false
a. True
b. False?
Business
2 answers:
kifflom [539]4 years ago
7 0

Answer:

The correct answer is letter "A": True.

Explanation:

Allocative Efficiency takes place when the preferences of the consumers are the priority. Under that scenario, the output level of the price of a product equals the marginal cost of production. This happens as a result of the consumers' willingness to pay for the product a price that equals the marginal utility of the producers.

VashaNatasha [74]4 years ago
5 0

<em>That answer is A. True</em>

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A restaurant served 27,000 customers in 2012. in 2014, the restaurant served 28,400 customers. write a linear model that represe
Kitty [74]
<span>You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us: (28,400 - 27,000) /2 = 700 There is a growth of 700 customers /year. Next, formulate the linear model with this information: yy = 700xx + 27,000 where xx is (model year - 2012). Therefore, the number of customers in the year 2020 would be: yy = 700xx + 27,000 yy = (700 * (2020 - 2012)) + 27,000 yy = (700 * 8) + 27,000 yy = 5,600 * 27,000 = 32,600 customers served in 2020</span>
3 0
3 years ago
Read 2 more answers
a. is borrowed money invested in start-up businesses and provided by the Small Business Administration b. includes all the money
kolezko [41]

Complete Question:

Venture capital:

Answer:

c. is financing obtained from investment firms that specialize in financing small, high-growth companies.

Explanation:

Venture capital can be defined as a form of financing through which an investor provide capital for small, early-stage and high-growth companies in exchange for an equity stake or partial ownership of the company.

This ultimately implies that, venture capital is a type of financing obtained from investment firms that mainly specialize in providing finance for small, high-growth companies. Also, these small, high-growth companies or businesses are typically owned by individuals or a small group of people.

<em>In conclusion, venture capital involves making capital investment in a small business with high growth potential in exchange for partial ownership or an equity stake in the business.</em>

8 0
3 years ago
What type of trading earns you money when you accurately predict that a stock will lose value? Ticker parade Yielding Charting T
Juli2301 [7.4K]

Answer:

Selling short

Explanation:

Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up

6 0
3 years ago
2. Manufacturers response to currency appreciation From 1996 to 2002, the U.S. dollar appreciated by 22% on average against the
xeze [42]

Answer: a. Cheaper

b. Shift production from commodity-type goods to high-value products.;

Begin importing foreign-made parts

Explanation:

1. Japanese products became 22% <u>cheaper</u> than U.S. products.

The US Dollar became 22% stronger than the Japanese Yen meaning that the US Dollar can now buy 22% more Yen than before. If a good is priced in Yen then this means that the USD can buy 22% more of that good than before meaning that the good is 22% cheaper now.

2. Commodity goods are essentially raw or semi processed foods. Because the USD has become stronger, importing these goods instead of producing them would reduce the cost of production if they were to start processing said goods and making them High Value products so this is what they should do.

The USD is now stronger against major trading Partners. Like earlier mentioned, this means that the USD can buy 22% more goods as a result. Companies should therefore import parts that they need because they'll be able to buy 22% more of those parts thereby reducing their cost of Production.

4 0
4 years ago
Danes generally are not afraid of taking chances; they are comfortable doing things that are not carefully thought out or planne
Aleks04 [339]

Answer:

uncertainty avoidance

Explanation:

Based on the information provided within the question it can be said that this is an example of the application of Hofstede's typology under the values which highlight uncertainty avoidance. This term refers to the difference between cultures pertaining to the amount of unpredictability that they can tolerate. Which in this scenario is stating that the Danes have a high tolerance for unpredictability.

8 0
3 years ago
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