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Dahasolnce [82]
3 years ago
9

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

Business
1 answer:
zepelin [54]3 years ago
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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Question 2
laila [671]

Answer:

A

Explanation:

Calculate the payback period and net present value for each project assuming a 10 % discount rate

7 0
1 year ago
Natalie operates on a pretty tight budget. She is a price-conscious shopper and usually buys store or generic brands to save mon
Llana [10]

Answer: The income effect

Explanation: The income effect refers to the effect on the purchasing power of the consumer when his or her income level changes.

In the given case, Natalie was price conscious  and used to buy lower priced goods with the objective of saving money. When her income rises she starts buying expensive goods as her purchasing power increases with increase in income.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
A company recently announced that it would be going public. The usual suspects, Morgan Stanley, JPMorgan Chase, and Goldman Sach
Deffense [45]

Answer:

$42.5 billion

Explanation:

the expected value formula = ∑ (valueₙ x probabilityₙ)

expected value = (low value x probability of low value) + (most likely value x probability of most likely value) + (high value x probability of high value)

= ($5 billion x 20%) + ($45 billion x 70%) + ($100 billion x 10%) = $1 billion + $31.5 billion + $10 billion = $42.5 billion

8 0
3 years ago
Glenn is purchasing a home for $400,000. the property appraised at $415,000 and glenn is financing $300,000. what's the loan-to-
bazaltina [42]

Answer:

75%

<h3>Explanation:</h3>
  • Lenders use the lesser of the sales price or appraised value to calculate the loan-to-value ratio (LTV).
  • This results in LTV of 75% ($300,000/$400,000).
<h3>How do you calculate the loan-to-value ratio?</h3>
  • To figure out your LTV ratio, divide your current loan balance (you can find this number on your monthly statement or online account) by your home's appraised value.
  • Multiply by 100 to convert this number to a percentage. Caroline's loan-to-value ratio is 35%.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

8 0
2 years ago
How are technology and technical profession related ? use example to write answer<br>​
dlinn [17]

Answer:

Technician and technologist are two different terms. However, these two terms are interrelated. ... A technician has a good knowledge of the general principles of the field he is in, whereas, a technologist is a person who is completely aware of various technologies. A technician works under a technologist.

8 0
3 years ago
Read 2 more answers
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