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IgorC [24]
2 years ago
15

Are perfectly competitive markets allocatively allocatively efficient in the long​ run?

Business
1 answer:
antiseptic1488 [7]2 years ago
7 0
Yes, because firms produce where the marginal benefit to consumers equals the marginal cost of production.
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Jamal tried to apply for a mortgage. However, he was turned down for the loan because the loan officer noticed that he had made
tino4ka555 [31]

Answer:

The two questions that he must ask from himself are:

  • Do you have credit report?
  • Do you have good credit score?

Explanation:

The reason is that the banks are giving you money and are worried about whether or not you are going to pay them back or not. So they require some evidences whether the person has any credit report and good credit score which shows that the person will be worried to pay the bank and if he is not able to pay he find alternative as he is a responsible person. So these two questions assesses whether the person is capable to pay the mortgage.

7 0
3 years ago
Inattentive Driving. While cutting class and driving off campus to check on her new dress for the upcoming formal, Molly, a busy
nataly862011 [7]

Answer:

C: Civil law and private law only

Explanation:

This won't be part of Public law as it generally works on the relationship between civilians and the government. However, in such a case, the matter can be sought privately, between molly and the owner of the car she damaged.

Obviously,. due to state laws in place that prohibit using a cell phone while driving this might also become a civil law situation.

4 0
3 years ago
When mary does gymnastics for two hours and her grade on the economics test?
vovikov84 [41]
I really don't understand what you are asking
3 0
3 years ago
Mitch, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bond
Ivan

Answer:

The answer is: $18,289.50

Explanation:

The interest earned from the investment in Birmingham Bonds is not included in Mitch's gross income.

If Mitch earned $100,000, so he will fall under the fourth bracket for single filers.

He will have to pay $14,089.50 plus 24% of any income over $82,500.

taxes due = $14,089.50 + [($100,000 - $82,500) x 24%]

taxes due = $14,089.50 + $4,200 = $18,289.50

6 0
3 years ago
Labor and employers agreed to a new ""social contract"" that included all of the following provisions EXCEPT:
Marina86 [1]

Correct/Complete Question: Labor and employers agreed to a new "social contract" that included all of the following provisions EXCEPT:

A) employers required the National Association of Manufacturers to accept the right of workers to organize unions.

B) unions left decisions regarding capital investment in management's hands.

C) unions left decisions regarding plant location in management's hands.

D) employers granted wage increases.

E) employers extended pensions and health insurance to workers.

Answer:

A, employers required the National Association of Manufacturers to accept the right of workers to organize unions.

Explanation:

A social contract is an agreement made between the superiors and subordinates defining the rights and duties of both parties. Since this contract has spelt out the duties of each, the Manufacturer's Association doesn't expect workers to set up unions.

i hope this helps.

5 0
3 years ago
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