1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
2 years ago
8

When does perfect competition achieve​ efficiency? Perfect competition achieves efficiency if​ _______.

Business
1 answer:
Oduvanchick [21]2 years ago
3 0

Answer:

C. price equals marginal social benefit for consumers and price equals marginal social cost for producers

Explanation:

You might be interested in
To deal with a wartime economic crisis in 1779, Congress urged states to: a. seek loans from friendly European governments. b. a
qwelly [4]

Answer:

C. adopt measures to fix wages and prices.

Explanation:

Between 1775 - 1783, the thirteen (13) colonies in Congress warred against the British because of its lack of colonial representation and the objection of the British to the direct taxation method introduced by the parliament. This war was known as the American revolutionary war or American war of independence.

Consequently, this war resulted in a deep economic crisis and inflation for the people of America.

To deal with this wartime economic crisis in 1779, Congress urged states to adopt measures to fix wages and prices such as refusal to issue continental dollars but resort to the issuing of tax adjustment  notes, loan office certificates, warrants, quartermaster notes, etc.

3 0
3 years ago
Holiday Gifts signs a three-month note payable to help finance increases in inventory for the Christmas shopping season. The not
Illusion [34]

Answer:

Explanation:

The adjusting entry for interest expense is shown below:

Interest expense A/c Dr $1,134

      To interest payable               $1,134

(Being interest expense is adjusted)

The interest expense is computed by

= Note payable amount × interest rate × (number of months in a year ÷ total number of months in a year)

= $75,600 × 9% × (2 months ÷ 12 months)

= $1,134

The two months is computed from the November 1 to December 31

4 0
3 years ago
Normally, FlexFit Athletic company uses an imported fabric blend in its clothing line. However, a price increase from their exis
kirza4 [7]

In the B2B buying process, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.

<h3>What is need recognition?</h3>

Need recognition is the perception of a gap between current circumstances and desired situations.

Need recognition is always triggered by either internal or external stimuli.

For instance, the price increase by the existing supplier is an external stimulus that triggered FlexFit to recognize its need to have more than one supplier of its fabric blends.

Thus, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.

Learn more about need recognition at brainly.com/question/19566991

4 0
2 years ago
Ruth Richter gives a nonprofit entity $25,000 in cash. She tells the entity that it may use the gift for a particular research p
adelina 88 [10]

Answer:

The correct answer is 'Deferred Revenue'.

Explanation:

The Deferred Revenue account relates to the account in which a specific amount of payment is received in advance by the organization for the goods that are not delivered or, for the services which have not been implemented yet. They are shown on the balance sheet of the organization on the liability side.  

Thus, according to the scenario given, the Deferred revenue account will be credited, when the gift is received, but neither of the conditions is met.

6 0
2 years ago
Scenario 4 You are an 9th grade student. Since the 7th grade you have been on the middle school cheerleading squad. You recently
Schach [20]

Answer:

I would personally do to band because colleges care more about your musical skills than if you're in cheerleading

4 0
2 years ago
Read 2 more answers
Other questions:
  • Roles that are concerned specifically with the activities that need to be carried out for the group to accomplish its goals are
    12·1 answer
  • 7. An investment costs $1,000 (CF at T = 0) and is expected to produce cash flows of $50 at the
    7·1 answer
  • When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited when A. a customer’s accou
    10·1 answer
  • According to the two-factor theory, ________. Group of answer choices there exists a hierarchy of needs within every human being
    6·1 answer
  • Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen
    13·1 answer
  • If the signaling theory of education is correct;
    8·1 answer
  • Find the present value of $7,000 in 7 months at 9% interest
    8·2 answers
  • Tim Armstrong was tapped to lead an integrated Yahoo!/AOL subsidiary of Verizon called Oath, and will most likely need to set a
    14·1 answer
  • Where is Nova City Islamabad located? Also is it under progress or has the development been completed?
    13·1 answer
  • The film noir genre reinforces its dark criminal subject matter by using __________
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!