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Simora [160]
4 years ago
8

the marginal benefit of an additional beach towel is $12 the marginal cost of producing an additional beach towel is $8 as produ

cers are minimizing the average cost of production and we can conclude.A. beach towel production is allocatively efficient than not productively efficient.B. Beach Tower production is not allocatively efficient but is productively efficient.C. beach towel production is neither allocatively nor productively efficientD. beach towel production is both allocatively and productively efficient
Business
1 answer:
Alex17521 [72]4 years ago
3 0

Answer:

The correct answer is D. beach towel production is both allocatively and productively efficient.

Explanation:

Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunities Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).

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Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's s
slava [35]

Answer:

Sales tax = 5% x 32340 = $1,616

Tina's sales for the month = $32,340 - $1,616 = $30,724

The correct option is D

Explanation: Since the total receipts include sales tax of 5%. We need to eliminate the sales tax from the total receipt so as to obtain Tina's  sales for the month.

6 0
4 years ago
Depending on the amount of money you have in Wachovia bank, you will receive a variety of different services. The lower-tiered c
Tcecarenko [31]

Answer:

A, getting the lead out

Explanation:

The idiomatic expression to get the lead out means to move along quickly or as fast as possible.

Wachovia bank uses the tactics of charging $7 for teller use as a way to discourage lower-tiered customers from coming into the bank to enable the bank business move along quickly. This means that only higher-tiered customers are encouraged to use live teller services as it is believed that they are of higher value than lower-tiered customers as a result of the large amounts of money they have in the bank.

I hope this helps.  

6 0
3 years ago
The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience
ludmilkaskok [199]

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as  Consumer Behavior.

<h3><u>Explanation</u>:</h3>

The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.

It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as  habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.

6 0
4 years ago
Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
leonid [27]

Answer:

Instrumentality

Reward they want

Explanation:

_Instrumentality_ highlights how intended effort can turn into actual effort if employee believe their hard work will __result in rewards they want_.

Employees tends to be motivated toward the work when reward are attractive. The intended effort is then turned to actual effort when they are being awarded accordingly and this allow them to perform their job successfully.

The process of turning the intended effort to actual effort is termed Instrumentality and their performance will results in reward they want.

5 0
3 years ago
Mention two successful (prominent) entrepreneurs in south Africa
Neko [114]

<span>One of the young and successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a software helping companies evaluate their inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs and a profit.</span>

5 0
4 years ago
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