Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer: The capital of Mexico is Mexico City. It would be 788 miles from La Paz to Mexico City. It would be 1,678.9 km to go around which is 26 hours.
Answer:
The West pulled up with the Calvary and stopped East Germany from invading West Berlin.
Explanation:
They had guns and horses and weapons of warfare unlike anything the world had ever seen before, so they were scared.
Answer: no cause she said bad things about trump she likes sleepy hollow head joe
Explanation:
its obvious trust noone with the name greta
Answer:
Corrupted economies are not able to function properly because corruption prevents the natural laws of the economy from functioning freely. As a result, corruption in a nation's political and economic operations causes its entire society to suffer.
Furthermore, most evidence of the possible economic benefits of corruption comes from global instances of poor governance. Scholars have found that corruption has no significant effect on economic growth in democracies, but inflicts significant economic harm in non-democracies
Not only does corruption affect economic development in terms of economic efficiency and growth, it also affects equitable distribution of resources across the population, increasing income inequalities, undermining the effectiveness of social welfare programmes and ultimately resulting in lower levels of human