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shusha [124]
3 years ago
6

At equilibrium in a perfectly competitive market: allocative efficiency is achieved because the sum of consumer and producer sur

plus is maximized the sum of consumer and producer surplus is minimized and allocative efficiency occurs because the sum of consumer and producer surplus is zero, allocative efficiency does not occur because the sum of consumer and producer surplus is minimized, allocative efficiency does not occur the sum of consumer and producer surplus is zero and allocative efficiency occurs
Business
1 answer:
yuradex [85]3 years ago
5 0
Allocative efficiency is achieved when the quantity consumers plan to buy matches the quantity producers are planning to sell, which essentially means the market is in equilibrium. Therefore, allocative efficiency is achieved when consumer and producer surplus are maximized.
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What are the types of budget​
levacccp [35]

Answer:

Master budget: This is a type of budget where all the other budgets are aggregated.

Operating budget: This budget is used to cover operational costs.

Cash budget: As the name implies, it is used mainly for cash estimates.

Financial budget: Used for all financial transactions.

Labor budget: It is used to estimate what the labor cost will be.

Static budget: This type of budget is static and doesn't change.

6 0
3 years ago
Treasury bills are paying a 4% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a
Tomtit [17]

Answer:

Answer is 12.64%. Therefore,

Treasury bills are paying a 4% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 24% only if the risky portfolio's expected return is at least 12.64%.

Refer below for the explanation.

Explanation:

E - 4%= 0.5(3)(24%)2

E=12.64%

7 0
3 years ago
Read 2 more answers
PureRinse Inc. is a brand reputed for its wide variants of body wash that introduced its range of shampoos and skin moisturizers
klemol [59]

Answer:

Economics of scope.

Explanation:

Economies of scope can easily described to be situations in which the long-run average and marginal cost of a company, organization, or economy decreases, due to the production of some complementary goods and services. An economy of scope means that the production of one good reduces the cost of producing another related good.

Economies of scope differ from economies of scale, in that the former means producing a variety of different products together to reduce costs while the latter means producing more of the same good in order to reduce costs by increasing efficiency.

6 0
3 years ago
_____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or
cupoosta [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Exhibitive.

b) Transit.

c) Direct mail.

d) Outdoor.

e) Print.

And the correct answer is the option A: Exhibitive.

Explanation:

To begin with, the term known as <em>"Exhibitive Media"</em>, in the field of marketing and business, refers to the strategy used by the companies whose approach is in the point of sale marketing. This type of strategy focus on exhibiting the product to the costumer the closer as possible so it will generate an impulse on the client of buying the product without having it thought before seeing the product. A very common example of this strategy is the situation in where the supermarkets fill their lines to the cashier with other retails that have product that are attractive at first sight.

6 0
3 years ago
Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi
andrezito [222]

Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

Explanation:

In the case when the output falls so the workers would not be laid off in a direct manner. In the first time the labor would be decreased so that the demand could be analyzed. The same would be happen in that case also where the growth picked up

Therefore in the given case, the option B is correct

And the other options are wrong

7 0
2 years ago
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