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alekssr [168]
3 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]3 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]3 years ago
5 0

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

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An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.

The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.

The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.

The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.

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1 year ago
If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include?
astra-53 [7]

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Monetary increase refers to a boom in the size of a country's economy over a period of time. the scale of an economic system is commonly measured by the entire manufacturing of products and services inside the financial system, which is called gross home product (GDP). the financial increase may be measured in 'nominal' or 'real' terms.

The financial increase is a growth in the manufacturing of goods and offerings in a financial system. increases in capital goods, labor force, generation, and human capital can all contribute to the monetary increase.

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5 0
1 year ago
Public-opinion polls in a small city have revealed that citizens want more resources spent on public safety, an annual fireworks
Gre4nikov [31]

Answer:

The correct answer is Community swimming pools.

Explanation:

Taking into account the duties of public entities that are not susceptible of being assigned to individuals, within the three requests only that of community pools can be privatized due to the low relationship they have with the responsibilities of a public entity of this type. The other two requests are of a different nature, and, despite having involvement with other forces or interests, the local government must ensure proper management of public resources that is evident in the citizens.

3 0
2 years ago
You’ve collected the following information from your favorite financial website.
Nataliya [291]

Answer:

-9.92%

Explanation:

P₀ = Div₁ / (Re - g)

  • Div₁ = next year's expected dividend = $1.12 x (1 - 11.5%) = $0.9912
  • Re = cost of equity = ?
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  • g = dividend's growth rate = -11.5%

Re =  (Div₁ / P₀) + g

Re = ($0.9912 / $62.91) - 11.5%

Re = 1.58% - 11.5% = -9.92%

Since the cost of equity or required rate of return cannot be negative, I suppose that investors are not worried about Abbott distributing dividends, instead, they prefer that the company reinvests earnings in new projects.

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Which of the following is an example of typosquatting? Group of answer choices A start-up investment company assumes the online
TiliK225 [7]

Answer:

An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.

Explanation:

An example of typosquatting is an environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.

5 0
2 years ago
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