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Neporo4naja [7]
3 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]3 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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Deciding what data to collect, actually collecting the data and analyzing it, and reporting this data are all parts of structuri
Fynjy0 [20]

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, the concept of <em>"Monitoring Information System"</em> in the field of business and in the techonolgy areas is refered to the type of system that is used with the main purpose of allowing the users to capture data, process and dissenimate information in a systematic way in order to improve the velocity of the time used to accomplish those tasks in the organization. Moreover, when it comes to aggregating the "project" part in the term, the system focuses in the recollection of data and its analysis and use in order to help the project to complete what it needs to.  

4 0
3 years ago
Thompson Wood Products has credit sales of $2,736,000 and accounts receivable of $699,200. Compute the value of the average coll
lesantik [10]

Answer:

The Average Collection period is 92 days.

Explanation:

Average collection period is the average number of days between the number of credit sales and the day when the cash is received. It means how many days it will take received cash from the credit sales on average.

Credit Sales =  $2,736,000

Account Receivable = $699,200

Average collection period = ( Account receivable / Credit sales ) x 360

Average collection period = ( $699,200 / $2,736,000 ) x 360

Average collection period = 92 days

4 0
4 years ago
Two friends decide to rent an apartment and split the cost evenly. They each paid $575 towards the total move in cost of first a
mel-nik [20]

Answer:

$500

Explanation:

8 0
2 years ago
The ________ environment is perhaps the most dramatic force shaping the destiny of individuals and offering exciting opportuniti
solmaris [256]
The answer to this question is Technological environment
Since the development of internet and other computer technologies, marketers gained the ability to market their products on a global scale with basically no cost. Marketers could easily utilize internet features such as social medias and blogs in order to improve their brand's awareness
4 0
3 years ago
Gary Wheeler says that in a nonunion environment, workers who have problems with the company can potentially use alternative dis
stiv31 [10]

Answer:

the grievance procedure

Explanation:

Here are the options

picketing

fact finding

the corporate campaign

the grievance procedure

decertification

the grievance procedure is the formal way by which an employee can make a grievance or complaint known to their employers. It is a means of internal grievance resolution.

Steps to grievance procedure

  • the employee submits their complaint to their supervisor
  • the supervisor and the union representative review the case to determine if it is valid or not.
  • if it is not valid, the grievance is discarded
  • if it is valid, the grievance is resolved
  • If the employee is not satisfied with the way the grievance is resolved, the employee can report to another person with a hierarchy. Here the union represents the employee
4 0
3 years ago
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