Answer:
The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.
Explanation:
Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.
For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.
Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).
Answer:
True
Explanation:
This is the value of stock or share that was set by the owners of a corporation at the point of registration of the company. It is the price that is stated in the corporation's article of association and also in the share certificate. The par value of a share has no relationship with the market value as they can be far apart.
The par value is a value specified by law for the protection of the people who might want to extend credit to the corporation.
<span>When Callie developed a detailed description of her ideas for a gym and asked for feedback from women about the proposal, she was engaging in? Concept testing. Concept testing is the act of getting opinions/reactions to a product or service prior to the product or service entering the market. This helps gage consumer interest when pulling in a group of potential customers. </span>
Answer:
C. 30,210
Explanation:
Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory
= Purchases of $32,000 - Purchases discounts of $960 - Purchases returns and allowances of $1,200 + Freight In of $1,040
- ( Merchandise inventory at September 30 of $6,370 - Merchandise inventory September 1 of $5,700)
= 32,000- 960- 1,200+1,040 - 670 = 30,210
By paying close attention to customer needs and continuously monitoring the environment in which it operates, a good marketer can identify potential opportunities. Thus option B is correct.
<h3>What is a Customer?</h3>
A customer refers to an individual who purchases the product he may or may not be the consumer as the consumer is the person who is the end user of any product and utilize it.
Customers are the key elements of any busines, fulfilling customers' needs and desires will result in better customer satisfaction and helps business to identify potential opportunities to grow and seek improvement.
Therefore, option B is appropriate.
Learn more about Customers, here:
brainly.com/question/13735743
#SPJ4
The complete question is By paying close attention to customer needs and continuously monitoring the environment in which it operates, a good marketer can?
Avoid cognitive dissonance
identify potential opportunities
Divide Geration
