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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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At the start of the Civil War, the
Contact [7]

Answer:

E) North had a much more substantial economy.

Explanation:

The economy of southern states was basically tied to the production and exporting of cotton. Cotton was America's largest export, but it was sold only as raw materials, it wasn't processed.

While northern states had a much broader railroad system, a healthier financial system (87% of all financial institutions), manufacturing facilities and large urban centers. Even the factories that processed cotton from the south were located at northern states.

5 0
3 years ago
The loan amount is $70,000, and the monthly principal and interest payment will be $479.00 a month for 30 years. How much intere
ivann1987 [24]

Answer:

$102,440

Explanation:

Provided details we have,

Loan amount = $70,000

Installments = $479 per month for 30 years

Number of installments = 12 \times 30 = 360 installments

Total amount to be paid during the tenure of loan = $479 \times 360

= $172,440

Thus interest = Total - Principal Amount

= $172,440 - $70,000

= $102,440

5 0
3 years ago
_______ is the idea that the organizational structures and control systems that are chosen by managers depend on characteristics
kompoz [17]

Answer:

The Contingency theory is the idea that the organizational structures and control systems that are chosen by managers depend on characteristics of the external environment in which the organization operates.

Explanation:

The contingency theory manifest that each and every single organisation is different, it operates and works in different situations, environment and scenarios, every organisation has different set of rules, values and culture, every organisation has different kinds of product portfolios, therefore, it needs different set of management style, organisational structure and control system. For example, the basic logic of contingency theory is that the strategies which worked very well for the Coke may not work well for Pepsi, Pizza Hut cant follow the exact strategies, control systems and organisational structure which is being followed by Domino's, therefore, each and every organisational rules, strategies are contextual.

7 0
4 years ago
What is an example of something they might consider when trying to decide whether the use was fair
____ [38]
They would use Proportion.
6 0
3 years ago
Identify which of the following are national/manufacturer brands and which are store brands.
labwork [276]
The answer will be A
7 0
3 years ago
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