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andre [41]
3 years ago
15

Productive efficiency occurs when a good or service​ (such as the distribution of​ tickets) is produced at the lowest possible c

ost. Is this an efficient way to distribute the​ tickets? This is
A. an equitable way to distribute the tickets because everyone has an equal chance of getting a ticket.
B. not an equitable way to distribute the tickets because there may be enough tickets for faculty and staff.
C. not an equitable way to distribute the tickets because some students who really want them may be unable to go and get them.
D. an equitable way to distribute the tickets because the students who really want them will be able to go and get them.
Business
1 answer:
Digiron [165]3 years ago
6 0

Answer:

The correct answer is option C.

Explanation:

Productive efficiency means that resources are allocated in such a way that goods and services are produced at the minimum possible cost. Though it implies no wastage of resources, the distribution is not efficient.

This is because, in this situation, tickets will not be available to all. Those students who really want them may not be able to go and get them. This means that welfare may not be maximized.

When the production of goods and services is according to the preference of the consumer, it is called allocative efficiency.

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Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their b
elena-s [515]

Answer:

B. Pull Strategy

Explanation:

Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their body shops use Glasis paint is an example of how a company uses a pull strategy.

3 0
4 years ago
In the situational leadership model the ________ leadership style emerges when an employee has fully developed, has the supervis
dusya [7]
In the situational leadership model, the DELEGATING leadership style emerge when............. Situational leadership style involves adjustment of leadership style to specific situation to reflect employee needs. In delegating, the employee has learned all that is needed and is willing to occupy the leadership position.
5 0
4 years ago
Importance of search of business( any 5 points?​
Anettt [7]

Explanation:

Business is an important source of government revenue so the business activities contribute to the government revenue in the form of taxes such as excise duty, sales tax, income tax, proper tax, entertainment tax and so on.

It also helps to develop our country.

It also helps reduce financial burdens on us.

Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.

Business also involves people customers and employees so communication and interpersonal skills are vitally important as well.

7 0
3 years ago
A company which uses austenitic nickel chromium ions to manufacture resistance heating wire is considering a new annealing drawi
makkiz [27]

Answer:

Annual deposit= $99,722.29

Explanation:

Giving the following information:

Future value (FV)= $1,750,000

Number of years (n)= 10

Interest rate (i)= 12%

<u>To calculate the annual deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,750,000*0.12) / [(1.12^10) - 1]

A= $99,722.29

4 0
3 years ago
A customer of a firm enters a foreign market by setting up a manufacturing facility. It tells its suppliers that they will need
marysya [2.9K]

Answer: Piggy backing

Explanation: Piggy back exporting is done by suppliers of a product and entails them supplying a certain function of the business only and just buying the actual product from local sellers. Another option can be that the supplier works with the local seller, and sells the seller's goods on behalf of seller for a commision. The suppliers are known as the carriers and the local sellers are known as the riders.

The customer entering the foregin market is the rider, and the suppliers supplying the parts ahd customer service is the carrier. The customer does not fully need to produce the product from scratch, and is able to acquire this from the suppliers who already have it. The custoemr, who is the rider, is thus able to "ride" on the back of the "carriers" back and ideas set in motion for their product.

6 0
4 years ago
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