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Neporo4naja [7]
2 years ago
12

The idea of efficiency often arises when measuring a society's well-being. There are two kinds of efficiency: productive efficie

ncy and allocative efficiency. What does productive efficiency refer to? The maximum level of production of goods and services for a society The production level that equates marginal benefit and marginal cost The minimum level of production of goods and services for a society The production of goods and services in the least costly way possible
Business
1 answer:
satela [25.4K]2 years ago
5 0

Answer:

The correct answer is letter "A": The maximum level of production of goods and services for a society.

Explanation:

Production efficiency or productive efficiency is the point in which an economy cannot increase output in a good or service without lowering the production level of another product. An economy that operates along its production possibility frontier (<em>PPF</em>)<em> </em>has maximized its production efficiency. In other words, that economy is working at its maximum possible level.

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What did business leaders promise hoover they would do to help the economy?
densk [106]
What business leaders promised Hoover they would do to help the economy is to <span>keep factories open and stop slashing wages. However, they did not keep their promise, to nobody's surprise. </span>
5 0
3 years ago
In the united states, business cycles have occurred against a backdrop of a long-run trend of?
Rus_ich [418]

In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

<h3>What is Gross Domestic Product?</h3>

Gross domestic product (GDP) is a monetary indicator of the total market value of all the finished products that nations produce over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).

Economic activity goes through periods of boom and then contraction during business cycles. Both the general welfare of society and the welfare of private entities are affected by these developments. Business cycles are a sort of variation that may be found in the overall economic activity of a country. A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).

Hence, In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

To learn more about Gross Domestic Product refer to:

brainly.com/question/1383956

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3 0
2 years ago
At a promotion interview, it is important to ________.
stich3 [128]
Be honest about your qualifications
6 0
3 years ago
Read 2 more answers
ABC company received a special order for 5000 untis at a sales price of 10 per unit. ABC normally sells these for 12 each. Each
slamgirl [31]

Answer:

The increase in pre-tax income 20,000

Explanation:

The fixed cost of production would remain the same  whether or not the special order is taken, hence, irrelevant for  the decision at hand.

The sale price for the special order=10

the variable cost per unit=6

contribution   margin per unit from special order=10-6=4

The increase in pre-tax income=total contribution margin from special order

The increase in pre-tax income=5000*4

The increase in pre-tax income=20,000

Hence, accepting the order is worthwhile.

4 0
2 years ago
Nell, a member of a protected class, applies for a job with Origami Paper Corporation, but fails the company's employment test a
11111nata11111 [884]

Answer:

<em>Disparate-impact discrimination</em>

Explanation:

As we can see in the given scenario, that Nell believes that the test has an unintentionally discriminatory effect as he fails in the test taken by the company, so this discriminating act that was made by the Origami Paper Corporation is a <u>disparate-impact discrimination</u>.

<em>Because as we know that if someone is been discriminated unintentionally, then it comes under disparate-impact discrimination.</em>

8 0
3 years ago
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