Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer:
The Tuscarora signed a treaty with colonial officials in 1718 and settled on a reserved tract of land in Bertie County, North Carolina.
C) Farmers and the working class.
He would most likely to support the causes of that.
The common denominator of <u>postmodernism</u> in architecture is the breaking down of national boundaries.
Postmodernism is a motion that makes a specialty of the reality of the character, denies statements that declare to be actual for everybody, and is often expressed in a pared-down fashion in arts, literature, and culture. An instance of thought of postmodernism is the idea that not each person might see stealing as bad.
Postmodernism is an intellectual stance or mode of discourse that demands situations and worldviews associated with Enlightenment rationality dating back to the seventeenth century.
Postmodernism is related to relativism and a focal point on ideology inside the upkeep of monetary and political strength. Postmodernism is based on concrete revel in over summary principles, knowing continually that the final results of one's personal experience will always be fallible and relative, rather than certain and common.
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In this problem, it is specified that the sample space is of Grade 11 that is equal to 5 + 18 + 8 equal to 31 students. The number of students that are in favor of the event is 5, hence the probability is 5/31 equal to 0.16. Answer is B
