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.
Okay I will be attending it!
Because the witnesses had different viewpoints so they might have seen different things..
If for example the witness is somehow related to the victim, his/her point of view might have been compromised and couldn't be used
hope this helps
<u>Answer:
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Depending on the data regarding the air quality indices, the changes can be chosen to be incorporated or not incorporated.
<u>Explanation:
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- The change in the air quality indices and its effect on the national income would be needed to be devised correctly if it has to be incorporated.
- The data obtained on air quality is highly vulnerable to fluctuation based on the methods of data collection.
- As it is difficult to measure the impact of changed air quality indices on the economy, its incorporation in national income is also difficult.
