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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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A sale transaction closes on April 1, the ninety-first day of the tax year. The day of closing belongs to the seller. Real estat
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Answer:

$785.34

Explanation:

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= Expected estate taxes for the year × number of days of the tax year ÷ total number of days in a year

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= $785.34

We simply applied the proportionate method so that the approximate value could be arrived by taking all the information which is mentioned in the question.

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Which of these types of products usually involves the customer doing comparison shopping?
choli [55]

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John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reser
IRINA_888 [86]

Answer:

John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.

Explanation:

Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.

If the bank does not lend the money, then the money supply will not change.

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Logging and fishing are two occupations belonging to which economic sector?
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I'm just doing this to get exp
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