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3 years ago

True or false: allocative efficiency is achieved by equalizing consumer surplus and producer surplus

1 answer:

4 0

<span>THE EFFICIENT ALLOCATION OF LIMITED RESOURCES MOSTLY BEING FACTORS OF PRODUCTION TO COMPLETE A TASK. SO ALLOCATION EFFICIENCY PLAYS A VITAL ROLE TO ACHIEVE AND BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS . IT IS TRUE THAT ALLOCATION EFFICIENCY IS ACHIEVED BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS.</span>

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Which of the following is NOT a legitimate use of the Internet for businesses?

maw [93]

The true correct answer is C my dude

4 0

4 years ago

Read 2 more answers

If the consumption function is defined as C = 5,500 + 0.9Y, what is the

Nimfa-mama [501]

Answer:

Option B ($5,500) is the appropriate choice.

Explanation:

The given expression is:

⇒ $C = 5,500 + 0.9Y$

At the zero (0) level of income, the consumption would be the Autonomous consumption.

then,

Y = 0

On substituting the value of "Y" in the given expression, we get

⇒ $C=5,500+0.9(0)$

⇒ $=5,500+0$

⇒ $=5,500$ (%)

8 0

3 years ago

Jedida is the new manager for a team in an advertising agency. Her team has worked together effectively for the last 10 years, a

CaHeK987 [17]

Answer:

Explanation:

Task oriented, effective, group cohesiveness, neutrolize.

Why these options were chosen?

We can see from Jedida's behavior that she is task oriented, because the first thing she did when coming to new employment place is scheduling a meeting.

In a lot of circumstances such behavior could harm the trust and relationship between manager and the team.

However it is said that the team is very close and know each other for a long time. So, such cohesiveness can neutrolize this leadership behavior.

3 0

3 years ago

Cullumber Company has the following transactions during August of the current year. Aug. 1 Opens an office as a financial adviso

Flauer [41]

Answer:

Aug 1 Cash $4000 Dr

Common Stock $4000 C

Aug 4 Prepaid Insurance $1500 Dr

Cash $1500 Cr

Aug 16 Cash $400 Dr

Service Revenue $400 Cr

Aug 27 Salary Expense $1000 Dr

Cash $1000 Cr

Explanation:

Aug 1. The transaction relates to owner's investment in the business/company thus we debit the cash coming into the business and credit common stock as both are increasing.

Aug 4. The insurance paid in advance is a current asset for the business. So, we debit the prepaid insurance account as the asset is increasing and credit the cash account as it is decreasing due to payment for insurance.

Aug 16. 400 received is the service revenue and as the revenue is increasing, we credit it. We are receiving cash so we debit the cash account.

Aug 27. The payment of salary is an expense and as expense is increasing, we debit the salary expense account and credit the cash account as cash is decreasing.

3 0

4 years ago

Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star

timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0

3 years ago