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DENIUS [597]
3 years ago
13

What condition is being met when goods are being produced and sold at the lowest possible average cost​?

Business
1 answer:
marshall27 [118]3 years ago
6 0
The condition that is being met is PRODUCTIVE EFFICIENCY. Productive efficiency refers to a situation in which production is carried out without waste. In this situation, when the average cost of production is reduce to the barest minimum, the economy will be operating on the production possibility frontier.
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The path a product takes from product to final user is called what?
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Answer:

distribution channel

Explanation:

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3 years ago
If people refused to use banks to create checkable deposits, the banking system would:___.
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If people refused to use banks to create checkable deposits, the banking system would not be able to create new money.

Checkable deposits include all accounts on which checks can be drawn. These deposits allow the owner of bank account to write checks to third parties. Also, they are very liquid assets that allow depositors to have an easy access to their funds.

For these reason, checkable deposits generally are important but also one of the lowest-cost source of bank funds, covering a large share of bank liabilities. Thus, banks create money by lending excess reserves to consumers and businesses.

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To learn more about Checkable deposits here:

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1 year ago
Question Number 4) A tool The Weather Channel uses to tell them what are the key elements of the role and what is the compensati
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I believe is the correct answer

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weather indicator(s)

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2 years ago
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Use the following data to calculate the current ratio.
Otrada [13]

Answer:

b. 2.64 : 1

Explanation:

Current ratio = Current assets/Current liabilities

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Current liabilities = $131500 + $17500

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