When both producers and consumers experience a surplus, the market is demonstrating efficiency?

Business

1 answer:

Tcecarenko [31]3 years ago

4 0

If both consumers and producers are experiencing a surplus the market is efficient

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_____ is the amount of information a communication medium can carry and the extent to which the medium enables the sender and re

asambeis [7]

Answer:

Information richness.

Explanation:

<u>Information richness</u> is the amount of information a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding. This is the correct answer to your question.

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Kyle.

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3 years ago

Why are supply and demand curves sloping in opposite directions?

Aliun [14]

The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.

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3 years ago

the gradual reduction of regional constrasts resulting form increasing cultural, economic, political and other types of exchange

kondor19780726 [428]

Answer: Globalization

Explanation:

The globalization is the process of gradually reducing the regional contrasts due to the increase in the interaction and exchange different types of culture, political and the economic.

The main aim of the globalization is that it communicate on the international platform by using the different types of strategy for the business, political and also due to the environment development.

There are different types of benefits which is provided by the globalization that are:

High quality products and the services
Greater economical efficiency
More international trading

Therefore, Globalization is the correct answer.

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3 years ago

A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the

Darya [45]

<span>The researcher has violated participant confidentiality and has made the validity of the study invalid. The people whose confidentiality was breached should be notified and they should have the right to revoke their information from the study. No one who believes they have participated with confidentiality should be subjected to having others know they were involved if they do not want that.</span><span />

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3 years ago

People who receive the benefit of a good without contributing to its costs of production are called?

masha68 [24]

Free riders are those who gain from a thing without contributing to its manufacturing expenses.

<h3>When the creation of a thing incurs external expenses, the?</h3>

An external cost occurs when the production or use of a goods or service imposes a cost (negative effect) on a third party.
If a good has external costs connected with it (negative externalities), the social costs will be larger than the private cost.
Market failure may occur in the presence of external expenses. This is because the free market frequently ignores the existence of external expenses.
The cost to a third party of consuming/producing one more unit is known as the external marginal cost (XMC).

learn more about external costs refer:

brainly.com/question/14203073

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2 years ago