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Debora [2.8K]
3 years ago
7

Economic Efficiency is the production of that combination of goods that consumers’ desire the most (maximum _________) given a f

ixed amount of resource input..
Business
1 answer:
Semmy [17]3 years ago
4 0

Answer:

utility

Explanation:

Economic efficiency is when the consumer can get the combination of goods, and do not have to trade off any product to get higher utility. For example, given the fixed amount of money, there are 2 desired products, apple and banana. If the customer buy apples with her all money, she will get utility of, for example, 3 utils. But since she love both fruits, have 2 type of fruit will make she will be happier, she will give up some apples to buy bananas, resulting in higher utility. This process continue util she get the highest utility.

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There are many account representatives who can help you with your order is an example of a cliche.
kenny6666 [7]

The statement"There are many account representatives who can help you with your order is an example of a cliche." is FALSE.  This is further explained below.

<h3>What are account representatives?</h3>

Generally, A professional who typically works on teams that are responsible for providing customer support and creating relationships is known as an Account Representative. They bring in revenue through establishing new customer connections and fostering those that are already in existence. They collaborate with clients on an as-needed basis throughout each step of the development process.

In conclusion, The convenience factor is one of the many benefits that listeners may get from podcasting as a form of advertising.

Read more about account representatives

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6 0
1 year ago
Write a program that calculates the minimum fixed monthly payment needed in order pay off a credit card balance within 12 months
salantis [7]

Answer:

monthly payment = (total amount owing+interest to be paid) / 12 months

Explanation:

Monthly repayments include the total amount owing on the credit card, plus the interest to be paid. This amount should then be divided into 12 monthly payments in order to get one constant amount to be paid each month for the 12 month period. We will assume there are no other factors affecting the amount, other than interest.  

The formula to calculate the monthly repayments in the credit card is as follows:

(total amount owing + interest) / 12 months

For example, say the amount owing was $100 and the total interest to be paid was $20; the monthly repayment would be calculated as ($100+ $20) / 12 months. This would mean the credit card holder pays $120/12 = $10 per month in order to repay the debt.

6 0
3 years ago
Increasing returns would be a situation where a firm increases its workforce and other inputs by:
Arte-miy333 [17]

The increasing returns would be a situation in which the firm increases their workforce and other inputs in a matter of having to increase the workforce by five percent and having to increase the output in a total of eight percent.

6 0
3 years ago
A computerized spreadsheet program is useful for
scoundrel [369]
Helps perform calculations and other manipulations of data
5 0
3 years ago
When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha
muminat

Answer:

<em>Open Communication</em>

Explanation:

In business, open communication is<em> really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.</em>

It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.

6 0
3 years ago
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