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Step2247 [10]
3 years ago
11

Allocative efficiency is concerned with :_________.

Business
1 answer:
Digiron [165]3 years ago
8 0

A) Producing the combination of goods most desired by society

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An unexpected frost in the orange groves of California would cause A. an increase in the supply of orange​ juice, decreasing the
stira [4]

Answer:

The correct answer is option D.

Explanation:

Unfavorable weather conditions in the orange groves would lead to a decrease in the supply of oranges. This will lea to an increase in the price of oranges. Since oranges are used as input in making orange juice the cost of producing juice will increase.

As a result, the supply of orange juice will decrease. This will lead to a leftward shift in the supply curve. This leftward shift in the supply curve will cause the equilibrium price to increase.

8 0
3 years ago
a consumer faces a tradeoff between labor (????) and leisure (????). she consumes a composite good (????). when the consumer wor
disa [49]

Trade-off

A trade-off is a situational decision in which one quality, quantity, or feature of a set or design is reduced or lost in exchange for gains in other areas. A tradeoff occurs when one thing increases while another must decline.

What is consumer's real wage?

Real earnings are salaries that have been factoring in inflation, or wages in perspective of the amount of services and goods that may be purchased.

Main Content

$606

Given the answers to the question, the complete or implicit income of the consumer would be determined as follows:

When the customer works, she earns an hourly wage of $17.00, therefore when she works for 24 hours, she will earn:

=$17\times24

=$408

Also, when the customer  sells all the 17 units of the composite good, she will earn:

=$11\times18

=$198

Therefore, the customer's full income would be:

=$408+$198

=$606

To learn more about Trade-off

brainly.com/question/7072776

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6 0
2 years ago
The debt-to-equity ratio is: Multiple Choice calculated by dividing total liabilities by net worth. calculated by dividing month
Luba_88 [7]

The debt-to-equity ratio is calculated by dividing total liabilities by net worth.

<h3>What is the debt-to-equity ratio?</h3>

The debt-to-equity ratio is a financial ratio that is used to determine the credit worthiness of a business. It is determined by dividing the total debt by the total equity. The lower the ratio, the higher the credit worthiness of a business.

To learn more about financial ratios, please check: brainly.com/question/26092288

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4 0
2 years ago
(26 pts) Motorola obtains cell phones from its contract manufacturer located in China to serve the U.S. market. The U.S. market
Pavlova-9 [17]

Answer:

when sea transportation is used:

safety stock = Z-score x √lead time x standard deviation of demand

  • Z-score for 99% = 2.58
  • lead time = 36 days
  • standard deviation of demand = 4,000 units

safety stock = 2.58 x √36 x 4,000 units = 61,920 units

reorder point = lead time demand + safety stock

  • lead time demand = 36 days x 5,000 units = 180,000 units
  • safety stock = 61,920

reorder point = 180,000 units + 61,920 units = 241,920 units

when air transportation is used:

safety stock = Z-score x √lead time x standard deviation of demand

  • Z-score for 99% = 2.58
  • lead time = 4 days
  • standard deviation of demand = 4,000 units

safety stock = 2.58 x √4 x 4,000 units = 20,640 units

reorder point = lead time demand + safety stock

  • lead time demand = 4 days x 5,000 units = 20,000 units
  • safety stock = 20,640

reorder point = 20,000 units + 20,640 units = 40,640 units

7 0
3 years ago
If the borrower has a previous foreclosure, can he use FHA to purchase a new home?
snow_tiger [21]

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

6 0
3 years ago
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